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A couple of people have mentioned that Baremetrics should feel threatened, and that's where my mind went immediately too. I asked Josh Pigford for his reaction,
by exolymph 9y ago
A couple of people have mentioned that Baremetrics should feel threatened, and that's where my mind went immediately too. I asked Josh Pigford for his reaction, and this is what he said:
> We've had beta access to it for a while and have known it was coming. Generally not worried about it at all nor do we view it as any sort of competition in any sense of the word.
> It doesn't give access to any new data...it's an SQL wrapper on top of their API (albeit a very pretty one).
> What we've found over the years is that you really need more data sources to make real decisions. So, yes, Stripe has a lot of data, but it only tells you part of the story. And that’s the thing here…Stripe’s not trying to “tell stories” with the data in Sigma. They’re just giving you a specific tool to access the data points.
> Baremetrics, however, is focused on telling the story. We want to help businesses know what to do with the data, not just slice and dice it in to spreadsheets.
> So, in summary, I think it’s neat but it won’t be anything for us to worry about from a competitive standpoint as we’re solving different problems.
That was all on-the-record, obviously, or I wouldn't share it.
- koolba 9y agoFor established customers maybe not as there's a cost to switching but I'd be very surprised if this didn't have a hit on their signups going forward (once it's GA).
- Shpigford 9y agoI think you're probably overestimating what Sigma does and underestimating what Baremetrics does. If anything we've just got a bit more work coming for us to explain the differences and intricacies of it all. But, I'm not losing sleep. :)
- deleted 9y ago[deleted]
- joshontheweb 9y agoI'd have to agree with Josh. Sigma looks pretty cool because it would save me from having to write some custom query scripts that I have to do now. However it doesn't appear to be competition for the Baremetrics dashboard as far as I can tell. I'm a happy user of theirs and don't feel lured away by Sigma at all. Edit: Additionally, the pricing seems a bit much considering that Stripe is already making a good deal of money off of their users transactions and it isn't so much trouble to write your own queries via their api.
- icelancer 9y agoI don't see them as competing products or services at all. In fact, it might only increase visibility. If we used subscriptions in Stripe, we'd use Baremetrics. But we manage subscriptions using third party software, so their metrics/products are unfortunately not a great fit.
- lorenzorhoades 9y agoStripes ultimate mission is to increase the total GDP of the internet. The more transactions that are happening on the internet, the better it is for them. So, from a company standpoint whatever they can possibly do to ensure that companies have the best tools available from stripe is what they are going to do. How hard would it be to expand into Baremetrics product from what they already have? They say that they are not competing, but I think they are. They are both in the business of giving their customers the best possible metric tools, period.
- dorianm 9y ago> Baremetrics, however, is focused on telling the story What's preventing Stripe from having a story-like dashboard? For the record, here are some screenshots I found on Google Images of Stripe and Baremetrics's dashboards: http://imgur.com/a/s4V8u http://imgur.com/a/s4V8u