The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 46 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Superwall Customers Are Passing App Review Using Stripe Billing
“Like, so we have, we now have customers that are using super wall to build with Stripe. And they're just getting through app review, like, it's fine.”
Moore: Apple's Merchant of Record Services Are Worth Around 15%
“Apple is a merchant of record. And Apple deals with, you know, you don't have to deal with chargebacks, you don't have to deal with disputes, you don't have to deal with taxes. You also don't have to deal with involuntary churn. Because I have news for you. If…”
Dangelmaier: BlueSnap achieves higher global transaction approval rates than Stripe
“Where we differ from Stripe is we're much more global, so we actually have many banks around the world so we can actually help transactions get through at a higher rate than Stripe does.”
Turner: Rapid Revenue Growth Makes Stripe Capital's Effective Interest Rates Insane
“Stripe has fairly good terms. If you pay them back over a year and a half, if you pay them backwards in three months, time value of money and, you know, actual, and what was it internal rate of return for them or whatever, right? Like interest is kind of insan…”
Stern: Stripe is insufficiently sophisticated for recurring utility billing
“It's just not a sophisticated enough tool for reoccurring payments or someone to pause their payments or someone to process, you know, ongoing water or utility bills.”
Stripe pays $350k for mid-range software engineers in Ireland
“I mean, I see on these boards on Reddit that Stripe are paying 350 K for mid-range engineers. I mean, that's madness in Ireland.”
Stripe requires separate country integrations while BlueSnap uses one, claims Dangelmaier
“Well, Stripe is, is it's similar to what Stripe does because Stripe does that in a single country. What we've done is we've been able to globalize it through many countries through one integration. So with Stripe, you have to go do it say seven times against s…”
Kirk Simpson: Wave shifted from Stripe to in-house infrastructure as it scaled
“Our payments business, for instance, was built on top of Stripe. We get to a point of scale and quite frankly, our users want us to deeply integrate it. And so most of this stuff over time, we've been building ourselves.”
Florio: Larger businesses avoid Stripe for Paymentech and Vantiv
“A lot of people, especially larger businesses, aren't going to stripe. They're using payment tech or Vantive or what have you. So, you know, automatically stripes out.”
Switching to subscriptions dramatically increased Standout CV revenue
“The mistake I made in the beginning was that I didn't, Go with a monthly recurring plan, a subscription model. I went with a one-time payment plan. And although that initially attracted people, it didn't it ruins subscriber lifetime value. Basically people wit…”
Reviews.io generated $11M to $12M in ARR at the time of acquisition
“ARR was about 11 to 12 mil at the time. Pure, nice. ARR, really clean stuff. All through strike. Yeah, about 12, I'd say about 12 and a bit change.”
ThriveCart's Buyer Tripled Revenue Just By Renegotiating Its Stripe Partnership
“My understanding is the buyer is about tripled revenue of the business by renegotiating a partnership agreement with Stripe.”
Delivet: SaaS onboarding should delay friction steps until go-live
“When you are opening an account on Stripe, you need to go through what we call a QIC, know your customer. So basically, you need to upload all your paperwork about the company. But at this point, you didn't start to do the integration. So what you can do in th…”
Bootstrapped Expandi hit $3.1M ARR in year one and $7M recently
“Our run rate. We hit in our Stripe account mid-November, 2019 at zero dollars. Within one year, we closed at somewhere around 3.1 million. Last year we hit six million in annual run rate, and recently we reached a seven million.”
Falk: Top dev tools like Stripe took 2+ years between Seed and Series A
“You also look at Stripe and a bunch like Vercel, some of these other really big developer tools companies straight after YC, they raised the seed round, but then it took them a long time to raise their series A, raising going from series A to series B. That wa…”
ConvertKit will not sell early, targeting a decade of further compounding
“We're eight years in and like selling and being done now is just way too early. And so it's really like, if I want to build a MailChimp level company or a Stripe level company or something like that, then it's like, great show up for another decade.”
McCormick: Writing about Stripe drives more employee shares than Facebook
“Like I wrote about Stripe and then everybody at Stripe reads the piece where you write about, you know, X, Y, Z company that's big enough that it can have an impact. But small enough that they're not being written about every day. Like, you know, people within…”
JustCall took $25,000 in debt from Stripe
“We got, like, some debt, I mean, just raised some debt from Stripe, like, that 25,000 dollars, you know, just to play around with, like, how it works. Then we're also talking to Clearbank to get some 50, 60 K to, you know, pay to some of the agencies that we a…”
Arnott: Stripe banned Seller SEO at $9K MRR over broken cancellation button
“So we got to about 9000 dollars MMR. And then we had a programming issue where the cancel button wasn't working on our software and with Stripe, they have a one percent chargeback rate and then they boot you. And so we ended up getting booted from Stripe.”
Outseta charges a flat $99 monthly fee plus 2.9% payment processing
“So it's 99 dollars per month. That's it. And then we take a 2.9% processing fee on our billing tools, which is the same as Stripe, for example.”
Sharma: Marketplace provider friction comes from Stripe forms, not fees
“No, not Stripe fee. They have no issue with the Stripe fee. It's the Stripe form, the form, the filling of the form, giving all their personal information, which is where a little bit of.”
Bendray: Quizzard generates roughly 100,000 monthly downloads and $400K revenue
“Yeah, it's roughly correct. We also have like our unstuck, which is off of a Stripe, i.e. The web app piece.”
Stern: Streamline captures roughly 1% net margin on platform payments
“We are in, we're processing payments tomorrow, and we're keeping about one percent of that.”
Stern: Streamline loses large utility deals due to payment processing gaps
“Stripe is a great stock gap for what our districts need right now, but we are losing out on deals like water and utility districts, which are much bigger fish because we can't process sophisticated.”
Stripe's 100th Largest Partner Processes Roughly $1B Annually
“To be a top hundred partner of Stripe, The number a hundred process is about a billion a year. So the perspective they're about a top, top 100 strike partner.”
Federspiel: Blackthorn makes roughly $1M annually from its Stripe revenue share
“And now we're making somewhere in the vicinity of like a million a year off of that partnership, where our customers don't get charged.”
Federspiel created 930 unique custom prices in Stripe for early Blackthorn customers
“I had 930 different prices that I looked in my Stripe product price book over the first three years. I had a unique price for every single customer.”
PPC Ad Lab signed 76 customers and collected $22,000 in seven days
“We signed up 76 paying customers in seven days collected 22 K in cash, And that cash came to part because nearly 10% of our buyers bought the annual plan.”
FlowChat reached $40,216 in monthly recurring revenue
“Like our current MRR is just over 40,000. 40,216 as of right now, like per Stripe.”
Fondavilla: Holded is launching embedded payments partnered with Stripe
“We're about to deploy our first let's say, this is around this, which is hold the payments together with Stripe payment initiation to start offering this type of services to our customers.”
Fondavilla: Holded gets 20% to 30% revenue share on Stripe payments
“So, for example, in the payment gateway, as we're partnering with Stripe, so they are giving us a revenue share on top of their commission, no? So if they charge a, 2.8% and we can get 20, 30% commission, no? So we'll be having, I think, something like 0.8 or …”
Trakto publicly shares its live revenue and churn data via Baremetrics
“We use Barometrics and we have the open data. If people want to check out because it's connected to Stripe, which is our main gateway, you go through tracto.barometrics.com and then you can check out How we are dealing churn and ARPU and everything else.”
Sandhills Development averages 4% to 5% monthly churn across its core products
“So I roughly average these before we hopped on and we do about four to five percent.”
Meek: Stripe Estimates Technical Debt Costs Companies $85B Annually
“Stripe came out with a really great report in September last year. It's called the developer coefficient. They estimate technical debt to cost companies eighty-five billion dollars annually, and they estimate a developer to be spending over 17 hours a week out…”
Dangelmaier: BlueSnap charges generally the same rates as Stripe
“We charge generally the same rates that Stripe does in this market.”
Sharma: Konversai takes a 10% fee on paid user conversations
“We get 10% of which three, a little over three percent goes to Stripe for the money management, and the rest comes to us.”
Lillia: Younium focuses exclusively on complex B2B deals rather than standardized B2C
“We are focused only on B to B, so we don't do any B to C. So you definitely have some players, you know, doing a bit of B to C, and also like B to small B, where it's very, very standardized. Maybe it's an online, 99 dollars a month, very standardized. They ar…”
DeCruz: About half of Maynu's 8% fee goes to Stripe
“About half of that goes to Stripe. Well, we don't make very much.”
Keeley: Justifi operates like Stripe Custom Connect without extra development
“I think if you think about us as like a Stripe custom connect with for vertical SaaS platforms where they don't have to build all this stuff on top of it to get the best economics.”
Plypad Processes Payments Like Stripe for Offline Brazilian Businesses
“So basically we, our main engine is a payment processing system. So we do process all those payments just like Stripe would do. But we don't do Online we do our public is, our audience is roughly offline and well there's a lot of things in, in quote to cash, r…”
Suski: Surfer SEO offers a $1-per-week paid trial
“Because we have a paid trial, which is one us dollar per week.”
Groves: Tenon used Stripe Advance to pay down credit card debt
“We did a Stripe Advance because I wanted to pay down some credit card debt, and the rate that they gave was way better than the credit card.”
Duke: Large merchants cannot page through Stripe's API for warehouse data
“If you're a really big merchant you can't just page through Stripe's API to get all the data you need to, like, go into a data warehouse or figure out your MRR or APRU, stuff like that.”
Florio: Foxy supports 100 payment gateways, including Stripe
“So we're, we support a hundred different payment gateways, including Stripe.”
Fredrickson: Stowaway runs a real-time BI dashboard using Google Sheets and Zapier
“We have a business intelligence dashboard that's run through Google Sheets using Zapier that integrates all of our business data. So we have a real-time look at what's going on. So Stripe sales data, CRM, NPS scores, Google Apps.”