Stripe

“We have data around startups that connect Stripe, or Barometrics, or any sort of analytics within MicroQuare. They get, like, 500% more buyer requests, because it really cuts down on the due diligence of the buyer.”

“What the seller did was immediately, I, so I asked for a bit of info and they've given me access to Google analytics, to chart mogul, to stripe. So I could instantly see through, through their guts, so to speak. I saw every transaction.”

“Transferring assets can sometimes be harder than due diligence, just because, like, I've heard stories of people having, you know, some really good products or businesses inside of a single AWS account, they got to pull it out Or a Stripe account with multiple…”

“Because the Stripe was registered in the UK, you can't just transfer over to the US, you have to actually then create a new US one, and then Do this manual transfer thing, which I didn't know about before.”

“Due diligence was not too complicated because everything was on Stripe. And there was some analytics tools. So it was basically a combination of those two things.”

“In terms of transferring, the project did not have any servers to transfer, so we transferred the domain, a Stripe account, a published project on Chrome Web Store, a website, a source code, and a list of leads, some marketing assets, and that, that's it. So w…”

“So having it all in, you know, easily transferable accounts just makes all, you know, transitions so much easier.”

“So if you think about traditional OG private equity and it's like, hey, we have a data room and this data room is stuffed full of like spreadsheets that have P and L's and, you know, customer concentration and personnel and salespeople and quotas and headcount…”

“My corporation entity was like connected to my Stripe account. I think because I use, what is it Atlas or whatever their product is called for that. Yeah. And apparently there's not a way that they can separate that from the whole like Stripe account. And so b…”

“Stripe does have a you know, an easy interface to basically move products over or no, to move customers over. But then we had to like write the code and the script to move all the subscriptions and the payments and that over. And then start those again on the …”

“Transferring a Stripe account from one country to another, if you're transferring it within country, it's relatively straightforward, but from one country to another is wildly complicated and you need to make like a lot of code changes. And it's a really heavy…”

“We launched it in four days. I hated that website and Lord knows she did too, as a designer and product designer. It was a disaster, and it was, we have no user authentication. Add 50 different fonts, 30 different margins. Our landing page looked terrible. Obv…”

“Because I was Canadian, getting acquired by American companies, we couldn't just transfer the Stripe account because it's, like, set as a Canadian entity type thing, so we had to actually, like, switch over Stripe keys and stuff, which wasn't as seamless, but …”

“I took screenshots of most of the tools, like the revenue, MRR, churn, everything that they could find on, on our Stripe, just posted on, on the account, on Acquire. And I think that, that made the process a lot more because whenever someone reached out, they …”

“I made a sheet of all the software I knew that I was paying for and how much it was, That sort of stuff. So that was one sheet. The other sheet was a direct stripe export from the very first payment I took in all the way to now, and all of the pricing shifts I…”

“Number two is always create separate accounts for all your products. It's hard to do but Stripe lets you have a separate account, like, you can have multiple accounts in your organization, so you can have a single product and then, sorry, a single account for …”

“A lot of times what we see is founders keeping Multiple products within one Stripe account, and that's a whole new mess on its own.”