Stripe

…Let's take a payment processing platform - Stripe is the classic example, but this applies to any similar service.…

…You were employee number eight at Stripe, which is a pretty crazy accomplishment on its own Rnd then you started Render a few years ago, kind of 2018, 2019, and you've raised $250 million.…

…Bigger, more profitable, and more disciplined than any version that came before it Stripes.…

…Uh, Dara Buckley, um, who was the first non collison employee at Stripe, uh, way back in the day, um, started Increase, which is a, uh, to put it in the terminology of the show, a Bass middleware platform, uh, in 2020.…

…And the problem is with AI, I think you see, like, look at Stripe, for example.…

…Um, so we, we see the potential, especially with Stripe being involved uh, so heavily in OUSD and the potential of the launch uh, of their chain Tempo.…

…She also handled payment by sending a Stripe invoice link.…

…You're in this position of where customers are saying oh uh, there's a, there's a basic version of what you do, but I can already do that in stripe, I can already do that in charge.…

…And today I'm super excited to have Stephanie Neal, head of product at Stripe, join the podcast.…

…Everyone knows now that like Stripe does a, uh, tender offer every year pretty much.…

…We still have about the same percentage of people who are entrepreneurs, right? [00:16:28] Allan : Because I remember when I was starting my very first online business, like there was no stripe, there was no landing page creators.…

…So his background comes from more of the tech side, having previously worked at Stripe in its early days in San Francisco and subsequently Singapore.…

…[SPEAKER_01]: There's a lot of ways that we can work alongside payment processors like Stripe, PayPal, you know, square, as well as ecommerce gateways like Amazon and Shopify fair, for example, to help those types of businesses that are using these systems mitigate a lot of the fees that are associated with…

…He uses a Stripe-hosted checkout page for subscription sign-up, and customers get an API key emailed to them.…

…But either way they pay with credit card and they use Stripe.…

…peaker A: Yeah, I think hard to argue with that list Stripe is just a quietly.…

…What I do know is that Shopify and others, you know, Google building this stripe is building this, are allowing simpler paths for checkout where whoever, whether it's you know, attentive an agent, it doesn't matter, can fully go all the way through.…

…So they might be using Stripe, they might be using NetSuite, they might be using a custom billing system.…

…of the big events and not having a appeal to every single company, but imagine if you're like one of these huge FinTech brands they gotta be there, right? Like if you're MasterCard or Visa or Ad or Stripe, uh, there is no way if your main competitor that you're fighting out.…

…her in this post and find out what she's doing and if she remembers that uh i think that i mean but that is that is that is a pattern that exists and it's very prevalent if you think about like a stripe yeah remember what a pain in the ass it used to be to try to get a payment system up and you know yes they made they made integrating with a with a payment ah provider trivially easy yeah they solved a problem yeah um…

…00:00:42:21 - 00:01:03:01 Unknown Shopify Payments and Stripe have made it incredibly easy to start selling online, but as the business grows, hidden revenue leaks can appear and we want to find out how that works.…

…I, though, first want to introduce you as the chief revenue officer for AI at Stripe, which feels like an absolutely extraordinary role at an extraordinary time for AI.…

…So when we compete in the marketplace against a Stripe or a Global Payments or somebody like that, we're offering MasterCard Visa, Amex Discover, and digital payments made amongst the players in the industry.…

…But also you think about the newer players, the stripes, uh, and the squares and some of these others that have kind of emerged.…

…He shares his stripe screen.…

…She used a simple Notion page to share the design system and set up a Stripe subscription for the monthly payment.…

…62 00:02:20,960 - > 00:02:24,639 Now there's a few Goliaths in this story, right? 63 00:02:24,960 - > 00:02:29,599 The one that comes to mind in 2020 is sort of stripe and 64 00:02:29,599 - > 00:02:32,719 square, the the sort of new fintech goliaths.…

…Since his founding in 2009, Entre has built an impressive track record of identifying category, defining companies early, including investments in Monday.com, stripe, Coupang, riskified and Deliveroo.…

…Today we're talking about Stripe - and not the obvious stuff.…

…It manages more than 40 billion in assets under management and has over 800 portfolio companies, including some of the world's most known tech heavyweights, such as Stripe, Airbnb, Canva or Snap.…

…You just make requests, and after you hit 50 free invoices, he sends you a Stripe link to add a card.…

…It's new, Metronome and Stripe, right?…

…And you know, you might have some fancy venmo or, or PayPal or something sitting on top of the rails, but behind the scenes is the Rails, even with Stripe, you know.…

…One of them by Stripe, which is called machine payments protocol MPP and the other by Coinbase, uh, which is X402.…

…Young people, if they're vlogging million followers on YouTube, they can't monetize that because stripe is blocklisted for the country.…

…Like order data comes from Shopify, you have data that's coming in from, I don't know, Stripe, and then you have your marketing data across six different platforms.…

…So we have Goodbye, we have Tillow, we have Stripe, uh, and we have MSU, uh Federal Credit Union.…

…Or you could say Stripe for example.…

…So these are the kinds of challenges I want to explain to the audience where on the face of it, it would seem simple, hey, just set up Stripe or PayPal.…

…account that vose can set up um it's technically banking services um because we're you know amber is a technology company not a bank mercury says the same thing but we partner really closely with stripe and with uh with underneath the hood it's fit an account with fit third bank so um you know fdic insured sort of everything that you would need there.…

…And one of your big predictions, amongst other ones, which people should totally go check out, was that Stripe would buy OpenSea.…

…But um, we grew with Netflix and Stripe and, and Lyft and a lot of early stage scale up companies that were just starting to go into uh, non US markets.…

…peaker B: So I think Stripe and Google are trying to sort of create that orchestration layer, uh, because again, as you said, not every merchant is able to go and integrate with everyone.…

…Others is, um, leveraging payment providers in this case like Stripe and PayPal, that have built in encryption and fraud protection that are already included.…

…A few small automations chained together, intake captured in a single row, a templated deliverable generated, a ah, concise monthly report drafted, stripe invoicing triggered and a renewal sequence queued.…

…And so repetitively willing to fail forward through things that you do do not know how to do at the time, which now seems ridiculously silly, especially with stripe and all these companies, they made it so easy like, you.…

…Meanwhile, your new competitors, these incredibly agile fintech companies like Stripe or Edyon, are just walking around handing out free freezers to your customers.…

…Airtable as your single source of truth Typeform for client facing intake stripe for subscriptions and SMTP or sendgrid for outgoing email.…

…So Stripe, you know, giant payments company, they tested Fable, uh, early.…

…But once you have it set up, you connect it to Stripe, which lets you generate a tightly controlled virtual credit card.…

…or Otter for recording and transcription Rev for accurate transcripts when you need legal grade accuracy ChatGPT or Claude for summarization and repackaging Canva for quick assets, Gumroad or Stripe for payments, Zapier or make to automate ConvertKit for email sequences.…

…Salesforce, Intercom, Linear, Asana, HubSpot, Webflow, our partners and Shopify and Stripe.…

…And to be quite frank, you can just go into your stripe and I would go to who are my highest paying clients.…

…If you're using Stripe Square, PayPal or QuickBooks, there's a good chance you're overpaying every single month.…

…It can connect to your CRM, it can connect to your Stripe or whatever checkout system you might be using.…

…I use Stripe historically and go cardless but I've recently transitioned over to Helsim which accepts both credit cards and pre authorized debits.…

…We have Stripe and PayPal coming also to talk about each of these areas.…

…And then of course you can always say, oh, maybe I just work with Adyen and Stripe and that's good and maybe that's enough.…