💳 Stripe

“This is something I was thinking about when I was interviewing Patrick. In some sense, when he started Stripe, payments was a super crowded industry. There’s PayPal, there’s obviously Visa, Mastercard. But, in another sense, there’s something strange in terms of domains you think of as crowded and totally competitive. There are usually totally obv... See more

In a decade, Stripe has gone from accepting payments, which is now a commodity business, to providing an increasingly comprehensive suite of products that make it easy to start and run an online business.

On the Tim Feriss show, Stripe co-founder Patrick Collison said “Just think of any big, major company … for whatever reason, they can’t turn capital into good software. And it would be immensely valuable for them if they could. But they can’t. Or at least, they don’t. And I don’t think it’s for lack of trying or lack of realizing this. And so I thi

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