Why Stripe will likely win: https://news.ycombinator.com/item?id=24067211
Continuing self-service while expanding "up market" into the enterprise. If AWS can be self-service, pretty much any service can be.
Continuing self-service while expanding "up market" into the enterprise. If AWS can be self-service, pretty much any service can be.
Additionally as a sidenote, that market is quite crowded with a LOT of choices. This is certainly not a winner take all industry, there are literally 20+ choices that will be reliable. Typically most large enterprises will end up with a vendor that will give them a good deal on rates, which isn't Stripe.
More broadly, Stripe now works with a long list of businesses that are processing more than $1B/year or more, and that list is growing quite quickly. Indeed, there are more enterprises using Stripe than Adyen, which is often cited as an ostensibly enterprise-focused competitor. Larger companies using Stripe include Amazon, Shopify, Instacart, and Peloton. (There's a longer list at https://stripe.com/customers). That's all to say: we're very invested in this enterprise thing.
If any enterprises you work with have had a bad experience, would welcome any details. patrick@stripe.com
Stripe worked with us on pricing discounts (over $150k per year in savings by switching from our previous set up) & the enterprise support is absolutely top notch. I literally could not be happier with the service.
I don't know how you can be so sure that Stripe will win, Adyen is already on the enterprise space, and they are a bigger company than Stripe.
> Continuing self-service while expanding "up market" into the enterprise.
Things are more complex than a sentence, the whole company needs to operate differently https://blog.luap.info/why-most-saas-companies-cant-be-succe...