Stripe valuation soars to $95B after latest fundraising
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Re: Stripe valuation soars to $95B after latest fundraising
#2Throw out any number for Stripe's valuation and I probably believe it at this point.
95B honestly seems relatively cheap.
Trying to figure out why this was announced on a Sunday (in the US) though.
Re: Stripe valuation soars to $95B after latest fundraising
#3What is Stripe's moat? It's developer friendly but from my experience management will only care about the cost.
Re: Stripe valuation soars to $95B after latest fundraising
#4This certainly makes Stripe the most valuable private startup in the world.
Where does Stripe rank among the world's most valuable private companies, though? It's easy to find lists of dubious quality like this: https://news.yahoo.com/10-most-valuable-private-companies-21..., but I'm sure there are more lurking. What are they?
Re: Stripe valuation soars to $95B after latest fundraising
#5Re: Stripe valuation soars to $95B after latest fundraising
#6I'm building a non-profit and Stripe fees eat into donations. Are there any good Stripe alternatives out there?
Re: Stripe valuation soars to $95B after latest fundraising
#7What is Stripe's moat? It's developer friendly but from my experience management will only care about the cost.
they locked in the bottom up approach. Payments typically isn't something people have deep knowledge about, so management defer to devs to do the research, when that happens devs going to pick the easiest API to work with.
Re: Stripe valuation soars to $95B after latest fundraising
#8I'm building a non-profit and Stripe fees eat into donations. Are there any good Stripe alternatives out there?
Are you already getting the non-profit discount from Stripe? Any processor will cost you something if you take credit card donations.
Re: Stripe valuation soars to $95B after latest fundraising
#9I'm building a non-profit and Stripe fees eat into donations. Are there any good Stripe alternatives out there?
The underlying issue is credit cards have interchange fees, which aren't going away anytime soon. PayPal offers a slightly lower transaction rate to non-profits (https://www.paypal.com/us/non-profit/fundraising/fundraising...) and Stripe appears to have similar (no rates disclosed; https://support.stripe.com/questions/fee-discount-for-nonpro...) but you're not gonna get to zero with anyone.
There's always accepting checks and cash. Or ACH payments, but each of these will probably cause drop-off in people who'd prefer to use a CC.
I would tend to expect that the ease of donating via CC readily outweighs the fees you'd save by ditching it. I've seen a few charities have a checkbox on the form that says something like "processing this costs us 3%; will you add that much to cover it?"
Re: Stripe valuation soars to $95B after latest fundraising
#10I'm building a non-profit and Stripe fees eat into donations. Are there any good Stripe alternatives out there?
no. target richer people like the rest of us do.