(www.bloomberg.com)

563 points jonknee | 1 comments | 26 Sep 18 18:04 UTC | HN request time: 0s | source

Show context

byron_fast ◴[26 Sep 18 23:27 UTC] No.18081109[source]▶

It would be great if they never go public.

byron_fast ◴[26 Sep 18 23:40 UTC] No.18081169[source]▶

They are a great example of how an API is all that really matters. Anyone could have done their biz, but they made a good API.

replies(2): >>18081209 #>>18086487 #

gakos ◴[26 Sep 18 23:48 UTC] No.18081209[source]▶

>>18081169 #

I agree that their API is great, but there's so much more to building a business - most of all perseverance. Many people can make a good or great API but very few can execute on the rest.

replies(1): >>18081416 #

byron_fast ◴[27 Sep 18 00:46 UTC] No.18081416[source]▶

>>18081209 #

Well in this case their API is backed by a connection to credit card systems... the hard part. The card companies could have done it, but they needed Stripe to show how obvious it is.

replies(2): >>18081961 #>>18082713 #

1. kennydude ◴[27 Sep 18 07:51 UTC] No.18082713[source]▶

>>18081416 #

> The card companies could have done it

That's not how card companies work. There's 100s of payment processor out there and the card companies let you shop around and pick one that's right for you. They do however require said processors to have large amounts of money just to access their systems.

Stripe has lots of funding to do that AND get good developers to build a decent payment processor.

↑

Stripe Is Now a $20B Company