Stripe: The Internet's Most Undervalued Company

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.

Despite strong technology players like Stripe, Square, PayPal, and Robinhood, traditional banks are still dominant.

We think we can help grow the internet economy in four primary ways-# Increasing the rate of new business creation by lowering the cost an$ complexity of  getting started -# Helping established enterprises adapt their business mo$els to the internet-# Increasing cross-border commerce by simplifying and standardizing the complex  internat... See more

In 2005, sixteen-year-old Patrick Collison (Patrick is the cofounder of Stripe) did what many high school nerds do and participated in the Young Scientist Of The Year competition. As a young teen, he leveraged it to build his app "Isaac" (his entry to the competition). Isaac is what we would call today a chatbot….in 2005, chatbots weren't a thing….... See more

-Stripe processed $640 billion+ in payments in 2021, up 60% - 1,400 new companies (and 100 nonprofits) joined Stripe each DAY last year- 100 businesses every day passed the milestone of $1 million in lifetime sales on Stripe.- 7000 on staff now