Stripe

“Another interesting moat that is really, really hard to break that I think especially early-stage entrepreneurs don't think of is brand, because brand seems so amorphous, but think about Stripe as an example. Yeah. We could replicate Stripe's functionality. Yo…”

“When I see kind of a new expert or a new name come on the scene. I typically ask myself, have they done it at least twice? Obviously, there are exceptions, you know, Jeff Bezos has not built two Amazons, the Collison brothers, actually, I think they did have a…”

“I built a transcription business using CARD integrated with the Stripe to take recurring payments, insert tables and videos, and you can go from zero to one really quickly, and there's lots of useful templates out there that help people to build something that…”

“The number one, the biggest lever in SaaS or really in any business is your pricing, right? Because instead of having to build new features, instead of having to find more customers, instead of having to, you know, add more things or get them to invite more us…”

“I think most of it came down to engineering resources. I hate to say it is that if it was just a flip of a switch in Stripe or something, I probably would have tried it, but it would have required a bit of work on the back end to get that implemented.”

“Another way is to go into a large space with a hated competitor. So that's what we did with Drip going against Infusionsoft. Xero did this against QuickBooks. Stripe did this against every payment gateway ever. I would say that's probably more of a step three …”

“I think Stripe should buy Mercury. That's what I think, and not because I just own the founder. I think that would be a good acquisition.”

“If, you know, you're familiar with bare metrics, like Stripe Capital or Stripe whatever the venture arm they had, they just wrote that investment off, you know, to nothing.”

“I think these days, like using the customer portal is like, I don't hear any customers complaining about it or feeling weird about getting redirected to Stripe.”

“I always aim for minimal amount of state synchronization, so like, I don't have their list of invoices, for example, in my database, because if I need to show them that, like, I can either send them to a Stripe UI or make an API request, and it doesn't matter …”

“And I think it's even telling that Stripe has not prioritized their own merchant of record solution, at least at this point. I suspect they will at some point.”

“I think most SaaS businesses will probably opt towards continuing to use Stripe.”

“I think the peak passion that I had was probably the very first year where it was like, hey, I have to make this work or I can't pay rent. And then the next year it's like, hey, I just joined Stripe, like I want to like be a success and impress people. And tho…”

“A large part of it is like, Hey, how do you, are you guys happy? You know, are you doing what you want to do? You still have the same fire. You still have the same drive. He's asked me that question every single year that we've been at Stripe.”

“Also, we're underwater. Like actually becoming a real business again. So I feel like next year we'll be, we'll, we'll actually like, you know, have the systems and the processes in place where we're running it as opposed to like, it is nice to put everything o…”

“Like we haven't been focused on cutting costs that much, nor have we been focused on generating revenue in six years.”

“Here we are in this crazy situation where like we owned, you know, this time last month, zero percent of IndieHackers, right? And now we own way, way, way more than that.”

“My seventh and final prediction for twenty-twenty-four, I have no inside information. I think Stripe's going to finally go public.”

“My third prediction carried over from last year is that Stripe will go public in 2025.”

“My ninth and final prediction is that Stripe will remain private throughout 2026, continuing to operate like a public company without actually going public.”