The Ledger
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Brian Halligan says the era of giant enterprise sales forces is over
“With ye olde giant outside sales forces it just feels like the time has passed to build that kind of thing, and I've predicted that before and been wrong. But it feels like there's a new breed of company that sells in a new way, and they start with small busin…”
Puri: A Stripe for vice industries addresses hundreds of billions in turnover
“And so there's an opportunity, I think, for, you know, building Stripe for Vice products because cannabis can't use Stripe and neither can any sex products porn can't use Stripe. And so if, you know, just those three industries alone, that's like multiple hund…”
Mazzeo: Kobe Bryant's Lowercase Capital side fund invested early in Stripe
“For a brief moment, we had, like, a side fund that we were putting together with Kobe, and we made, like, two investments. It was like, one of them was, ended up being Stripe out of that fund”
Puri: Building for Banned Use Cases Protects Startups From Incumbents
“And so terms of conditions is actually an amazing way to compete against big successful incumbents. Go do what they explicitly say they won't do. And they can't do.”
Puri: Early Stripe sales job would have yielded over $20M
“My entry level sales type of job would have made me like twenty million dollars if I held. And that was then it's probably doubled since then.”
Puri: Stripe founders manually onboarded their first 100 to 200 customers
“As soon as somebody showed any sign of interest, they would say, awesome. Do you have your laptop on you? I can just set you up right now. I'll do it for you. And they would literally brute force get customers on board. The person would open up their laptop an…”
Puri: Enabling Stripe card updating added $1M annual profit to Birthday Alarm
“We implemented Stripe instead of the old payments platform, because Stripe had a feature where if somebody's credit card expires and they get a new one, like, you know, their credit card company gives them a new one, It would mess up your subscription, and the…”
Shaan Puri: Joining Stripe as an early employee would have yielded $10M-$30M
“I applied to Stripe, and I applied to a place called Monkey Inferno. Stripe, everybody knows, turned into, like, you know, whatever, a hundred billion dollar company. I would have been, like, employee, I don't know, like, 35, 40 at the time, so it would have b…”