77 karma · joined February 21, 2022
First, congrats on the launch Lago. I've been very impressed with your ability to educate devs about the intricacies of billing and you are certainly pushing the entire space forward.
While you offer coupons and credit notes, there are features you don't have that we have prioritized and built, including, usage alerts, plan versioning, gauge metrics, custom sql etc. etc. Point being I think its unfair to say we are a subset of your product.
In addition, we have a 25+ year billing expert on our team who has been CTO of a startup processing $300 million a year.
Lastly, I don't think it's fair to make statements about our customers just because we haven't "announced" them yet.
Happy to chat more with anyone about our differences.
> Is it because I'm thinking about pricing for my own product or is there some powerful "why now" that I'm missing?
So many valid answers, but the major ones are the rising popularity of usage-based and hybrid pricing models and more importantly a shift in SaaS from growth = "acquisition" to growth = profitability and expansion in addition to acquisition. The economic shifts are forcing companies to ask how can we capture more of the value that we have created, and a great solution is reconsidering pricing.
We also operate under an MIT license vs AGPL it looks like. So our business models may differ in the future. Looks like they definitely have some features we don't cover yet as well. Seems like a great project!
The nice thing is that we've built Lotus so that you can plug in the components you want, for example, you could plug in your custom metering into our pricing/plan management system.
We are still pretty early so we have had the ability to help migrate custom systems over to Lotus and figure out the most cost-effective solution. Will follow up on email!
Lotus offers metering, a simpler frontend to iterate on plans, pricing experiments, and actual feature entitlements in our plans so that both the price and the features in a plan live in the same place. Stripe doesn't offer these components.