Stripe Press — Ideas for progress

Stripe’s slogan, “Increase the GDP of the internet” points at a far loftier vision and more ambitious goal than the mundanity of payment processing. And this is reinforced in both much of Patrick Collison’s projects outside of Stripe as well as initiatives like Stripe Press.

Longer-term, Stripe can do any of the following:

In the press release, Stripe highlighted its partnership with Shopify, which is using Treasury to build Shopify Balance.

Stripe is important because it allows content technologies and media to be built ground-up with monetization philosophy in place at the foundational level. It doesn’t have to be a janky bolted-on piece of the puzzle.

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.

By offering a seamlessly integrated email, payment integration (Stripe is a big part of all these revolutions), and no-design-needed opinionated web presentation, Substack managed to basically resurrect a zombie category of text media that hadn’t really existed in this kind of pure form since the 90s.