Stripe Atlas

“Eventually we worked with the IRS to make it possible for But for us to issue those numbers much, much more quickly, like instantly as you sign up.”

“More than 20% of multi multi-founder teams have at least one founder from another country.”

“When this podcast airs, I guess today it will be true that when you go to start a company on Atlas, it will just be a single click. You go to type in your friends' names, how, what the name of the company will be. It'll tell you if it's available automatically…”

“And he said, Hey, we're going to get out of incorporation. This is not going to be our focus going forward. Do you want the business? It was like a year and a half after, after they had really gone out or maybe two years after they gone out or something like t…”

“Companies that have started through Atlas has been 55,000 of them to date are doing five billion dollars a year in revenue.”

“And we, I super encouraged there to be more Atlas alternatives. That'd be great for founders. But I think over the longterm, it'll be difficult to do so just because of the business model.”

“We have the sort of cohort of 20, 24 startups and Atlas got to fifty million dollars in revenue twice as quickly as the cohort in 20, 23.”

“We have seen since doing much of this automation work that more solo founders are using Atlas than ever before.”

“We have all the NPS scores going to a channel and anytime it's not a 10 for 10, we follow up directly.”

“We're seeing like half the time it takes to get to your first customer, just like shave a whole week off of your company.”

“We found over and over again that increasing the ease and simplicity and decreasing the cost and complexity tends to lead to just more of that thing. And we have a fundamental belief that there should be more startups and they're not finite.”

“This company starting process is going to become a efficiency cost problem. And there's so much long tail complexity with dealing with multiple financial institutions, multiple government processes, all of this legal complexity that it will be, and it's diffic…”

“And now basically a hundred ish percent of people get their risk review within an hour from, you know, A long tail taking a long time.”

“And two, I think it also causes us to build better software in that we now need to evaluate If something's actually working because it's happening externally, whereas when you build it yourself, again, you have this natural feeling, well, we built it. It must …”

“We ran a survey a little bit ago. We need to rerun this where we just ask people what they have started their business about without Atlas and about 20% of people said they wouldn't have or wouldn't have had then.”

“Atlas in the eighties with almost 50% response rate is quite high.”

“It's majority women and we have more, more diversity to hire, but we were just very intentional to make it a team that had diverse perspectives.”

“We had this bug in which for a handful of our legal docs, they were handing out, let's say, 25 shares rather than 25% of the shares. We dropped the percentage sign, and thankfully, a founder noticed this in the docs and tweeted about it.”

“And over about 18 months, we took that number from 15% to 85.”

“And again, by the time this podcast airs, we will have crossed 10,083 elections filed. And we will have done them all a 100% on time.”