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Comment by laurencei | Hacker News Reader

> We’ve already written the queries for the most useful reports for different types of businesses: From computing MRR to ARPU to analyzing the payment methods your customers prefer...

This would have to be worrying for companies like Baremetrics, ChartMogul etc.

Obviously it is not 100% the same - but the ability to quickly get MRR, ARR etc would solve many peoples main pain.

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No one ever learns about the perils of building on someone else's platform.

See: twitter 3rd party devs, Buffer, Facebook app devs, etc

Stripe isn't a payment processor; they are your financial back office as a platform.

> Stripe isn't a payment processor; they are your financial back office as a platform.

Well, they're getting there; Metrics were the #1 missing piece from Stripe, so it's good to see this. Dealing with EU VAT is still a massive pain though.

Anyone at Stripe know if they have at least some plan to handle EU VAT at some point? Currently for that you'll have to use 3rd parties like Octobat or Quaderno. Despite these products are nice, it really feels like something that should be built-in.

Time to pivot haha! The competitors could give away their service for free and then setup an ad platform to target Stripe users. That lead gen might even make them more money.

And since they have the financial data, they could proactively recommend the most cost-effective service to switch to. Kind of like a Credit Karma model.

Buffer is a $10+ million business that has made their founders well off. If you wait and wait until you see a business opportunity with little risk, you could wait forever.

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