4 ms·
He's getting 80% of the gross = 48,000/month. That's impressive income, half a million a year for what amounts to a good idea implemented at the right time. I
by ttraub 7y ago
He's getting 80% of the gross = 48,000/month. That's impressive income, half a million a year for what amounts to a good idea implemented at the right time. I love reading stories like this, and it demonstrates that there are still many opportunities out there. I don't understand some of these comments which seem to resent his success or belittle his company as "not a unicorn". That's good money, he works for himself, not beholden to investors or creditors, and he's raising a young family in an affordable region. Congratulations to him for a job well done.
- wallace_f 7y ago>I love reading stories like this, and it demonstrates that there are still many opportunities out there. It's a white male taking advantage of capitalism. He has no regulatory oversight and no degree or license pertaining to this work.
- rscherf 7y agoThank you! I’ll be first to admit it was perfect timing (which wasn’t planned at all). The freedom is what I was looking for; if nobody buys it, I’ll happy just keep running it. If Stripe launches the same features, I’ll figure out how to pivot. Or, build something completely new. Who knows what the future holds.
- SpicyPico 7y agoI foresee a potential scenario where Stripe hires you if they deem what you have created, and more importantly the person behind its creation, is worth integrating. I would be surprised if you do not see formal contact from them (if you haven't already)! Great work.
- rscherf 7y agoThanks! I work closely with several people at Stripe already across many different teams, so not really holding out hope for anything. Very happy and content with where I’m at.
- sah2ed 7y agoSlightly unrelated, from what web tools did you take these screen shots [1,2] that were shared in your interview? 1. https://s3.amazonaws.com/www.starterstory.com/story_images/images/000/003/515/original/open-uri20191103-4-1jma451?1572745631 https://s3.amazonaws.com/www.starterstory.com/story_images/i... 2. https://s3.amazonaws.com/www.starterstory.com/story_images/images/000/003/516/original/open-uri20191103-4-zgmmlr?1572745631 https://s3.amazonaws.com/www.starterstory.com/story_images/i...
- thedangler 7y agorscherf I have a way for you to pivot for US and Canadian clients which could make you 100k a month. Please contact me. mhebel [at] gmail dot com
- cryptica 7y agoIt seems that almost all the successful startup ideas these days involve integrating with some major platform and reinforcing their dominance whilst being at their mercy.
- s_dev 7y agoStripe was a fragile little enterprise too at one time.