Stripe Is Now a $20B Company

Stripe's awesome. I'm in YC's startup school and used Stripe Atlas to incorporate. I got an email from Stripe, sharing an opportunity to post your landing page and get feedback from Stripe's design team. That Friday I got an awesome teardown from Stripe's design team. The page (https://nanagram.co) still has quite a ways to go, but I incorporated most of their feedback and I'm super happy with it. Another cool thing — Through the grapevine I found out Patrick mentioned NanaGram at an all-hands meeting. I sent him a quick email to say thanks for the mention, not expecting a reply whatsoever, and within a few hours he responded. Stripe's kind of mind-blowing in their ability to not only build a great product but also to serve the community and be human.

That's great on Stripe, but tbh your product is awesome. If I was an angel investor, I'd happily put money into this and recommend you to my family. Keep up the great work!

One minor nitpick - just tried to sign up, and if I was a USA user, then your page would have unhidden the pricing buttons. but as I was UK user, it did not unhide anything (not even a sorry!). As such i was left with the default waitlist boxes, and was confused as to whether I was signing up or not.

(it's possible it did unhide the sorry, but it was not clear on the smaller screen... maybe a splash of colour? Perhaps "Sorry based on your selections above we don't yet offer the service in your country - sign up below for notifications." You kind of do say that but like I said confused)

Anyway it looks a great service, and I am now on the wait list

How long did the Atlas setup took you? Few weeks? Update: Just saw your landing page. Pretty cool concept :)

Thanks so much for your feedback. I just deployed the new US-to-international plans earlier today and haven't had a chance to user test it yet. That experience is totally not the best right now. I'm working on a full-on international release. I'll be reaching out to you to try and convince you to do a user study in exchange for free photos and aim to release mid-late next week.

I used them a few months ago, before startup school. I can't remember the turnaround time as I had a wedding on the horizon and that time is a blur, but I remember it being reasonable and delightful. It's totally worth the price. Doing paperwork is the last thing I want to be doing. On my last startup I must've filed for tax extensions for almost 10 years in a row. I love Stripe for removing all of those headaches.

This is very nice of you. I'm due to visit my 94-year-old grandma tomorrow and will be printing this out and showing it to her. Cheers.

I love Stripe as well, but one thing keeps me wondering - why do their bank payouts take so long?

My company is based in Norway, and I see funds arriving a week after they are marked "on the way to your bank". Money get sent like that every day, but arrive only after a week from a local bank. I know that local bank transfers are reconciled multiple times a day, and I can't see why there is a delay.

The money sending frequency setting seems just misleading to me.

Ah makes sense. I just signed up with them. So wondering how long it may take me. Did you also get the SV bank account through them?

I tried finding a confirmation / "you're done" email from them but can't find it, so I'm not sure how long it took. I did end up getting the SV bank hooked up but haven't moved everything over there yet.

US banks (maybe most banks?) are just slow as hell from my experience. I pay several bills here in the USA from US banks to US banks / credit card companies and it takes a week for it to fully sync up on both my person bank account and on the statement balance. But if I were to pay with a debit card I would see the transaction instantly, though in such case it would say pending for days and days.

Doing transfers from France to Japan often, regular banks are scandalously slow and the slowness of their transfers prevents a lot of international possibilities IMO. I started accepting bitcoins as an alternate payment method.

In some countries domestic bank to bank payments are instant and either free or very cheap. South Korea where I am is one. Bank transfers take perhaps one second. International bank-to-bank payments are more of a hassle. There is no Stripe in Korea yet, though they seem to have success in Japan, the land of cash-only.

Are MMS generally high resolution enough for printing? Don't they get squished to something like 300kb?

That was one of the initial things I was unsure of back when this was more of a side project. I sent the first batch of images from my siblings to print locally, unsure how they'd look. Surprisingly they looked pretty awesome even though the resolution of the images seemed low. They're not pro-quality, wedding photos but they are solid and solve the problem for the audience (old people). Carriers have a tendency to downsize images too far, especially if you send 5 or 10 images at once. When this happens, our bot complains at you. The limits of MMS can be a bit annoying so I recently rolled out email support. This also allows us to support enlargements which we can't do with MMS. Still, having a unique number is sweet because SMS is the first option when sharing a photo (on iOS, at least) and it's easy to snap a photo, send it to NanaGram, and close your display without getting sucked into the notifications abyss.

of course, happy to