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Co-Founder of Stripe [YC] Interviewed in Depth (Audio)

66 points by jv22222 15y ago

sumukh1 15y ago
For some reason the soundcloud player took forever to load. Here's the direct link to Soundcloud: http://soundcloud.com/techzing/techzing-168 http://soundcloud.com/techzing/techzing-168
- armandososa 15y ago
  You should suscribe. TechZing is a very good and entertaining podcast.
  - essdee1 15y ago
    I would recommend a previous episode (167) with the founders of Kaggle - very interesting.
deleted 15y ago
[deleted]
benatkin 15y ago
Somehow I missed that Stripe is a YC company. Which batch? (Often goes into titles.)
- Aqua_Geek 15y ago
  I didn't think they were in one of the batches (haven't seen the usual YC'whatever badging on any of their posts' titles here). Their job post from a while back (http://news.ycombinator.com/item?id=3099362 http://news.ycombinator.com/item?id=3099362) does list YC as an investor, though. Edit: Patrick's previous startup, Auctomatic, was in YC W'07 I think. Maybe that has something to do with it.
  - benatkin 15y ago
    I'm glad I asked, then. I'm confident someone with direct knowledge will come in and provide more information. :)
- richardburton 15y ago
  In the interview he explains that they did not go through a proper YC batch because "the timing didn't really work out". They had been through the process before and he had got to know pg well. Hope that helps!
- wgx 15y ago
  Listen at 13.40, he mentions that although first funding came from YC they didn't go through a YC batch - Patrick had previously been a YC member with another startup: "Auctomatic".
  - kul 15y ago
    Harj and I did Auctomatic in Winter 07. We merged with Patrick just after YC. Harj is now a YC Partner. I did YC for the second time this summer with Tagstand.com. I mention the merger here in a series of Viewpoints for the BBC: http://news.bbc.co.uk/2/hi/business/6701815.stm http://news.bbc.co.uk/2/hi/business/6701815.stm Also, the outcome of Auctomatic: http://news.bbc.co.uk/2/hi/business/7315598.stm http://news.bbc.co.uk/2/hi/business/7315598.stm
gms 15y ago
Do startups who are as hyped as Stripe ever go through the trough of sorrow?
- pc 15y ago
  Yes. :-)
  - wgx 15y ago
    Was the trough 'PCI DSS'-related?
  - gms 15y ago
    Haha. Good (and bad) to know.
richardburton 15y ago
What a great interview. Thanks for sharing. He comes across extremely well. I would trust him with my company's cash-flow.
marksbren 15y ago
[On one of the reasons they have a 7 day payout period] We were not willing to compromise on the experience of going to Stripe, deciding "OK, Stripe looks good, I will sign up.", and then can launch right there and then. What a great, focusing vision for a product experience. I have also been impressed with how responsive Stripe is to feedback. In the interview Patrick gets excited about a new webhook for payment transfers that the interviewer recommends. Knowing Stripe, it is probably already implemented.
aquinn 15y ago
That limerick accent is fading fast:) Top it up by watching some Rubberbandits. Loved the interview.

66 points by jv22222 15y ago

For some reason the soundcloud player took forever to load. Here's the direct link to Soundcloud: http://soundcloud.com/techzing/techzing-168 http://soundcloud.com/techzing/techzing-168

armandososa 15y ago
You should suscribe. TechZing is a very good and entertaining podcast.
- essdee1 15y ago
  I would recommend a previous episode (167) with the founders of Kaggle - very interesting.

deleted 15y ago

[deleted]

benatkin 15y ago

Somehow I missed that Stripe is a YC company. Which batch? (Often goes into titles.)

Aqua_Geek 15y ago
I didn't think they were in one of the batches (haven't seen the usual YC'whatever badging on any of their posts' titles here). Their job post from a while back (http://news.ycombinator.com/item?id=3099362 http://news.ycombinator.com/item?id=3099362) does list YC as an investor, though. Edit: Patrick's previous startup, Auctomatic, was in YC W'07 I think. Maybe that has something to do with it.
- benatkin 15y ago
  I'm glad I asked, then. I'm confident someone with direct knowledge will come in and provide more information. :)
richardburton 15y ago
In the interview he explains that they did not go through a proper YC batch because "the timing didn't really work out". They had been through the process before and he had got to know pg well. Hope that helps!
wgx 15y ago
Listen at 13.40, he mentions that although first funding came from YC they didn't go through a YC batch - Patrick had previously been a YC member with another startup: "Auctomatic".
- kul 15y ago
  Harj and I did Auctomatic in Winter 07. We merged with Patrick just after YC. Harj is now a YC Partner. I did YC for the second time this summer with Tagstand.com. I mention the merger here in a series of Viewpoints for the BBC: http://news.bbc.co.uk/2/hi/business/6701815.stm http://news.bbc.co.uk/2/hi/business/6701815.stm Also, the outcome of Auctomatic: http://news.bbc.co.uk/2/hi/business/7315598.stm http://news.bbc.co.uk/2/hi/business/7315598.stm

gms 15y ago

Do startups who are as hyped as Stripe ever go through the trough of sorrow?

pc 15y ago
Yes. :-)
- wgx 15y ago
  Was the trough 'PCI DSS'-related?
- gms 15y ago
  Haha. Good (and bad) to know.

richardburton 15y ago

What a great interview. Thanks for sharing. He comes across extremely well. I would trust him with my company's cash-flow.

marksbren 15y ago

[On one of the reasons they have a 7 day payout period] We were not willing to compromise on the experience of going to Stripe, deciding "OK, Stripe looks good, I will sign up.", and then can launch right there and then. What a great, focusing vision for a product experience. I have also been impressed with how responsive Stripe is to feedback. In the interview Patrick gets excited about a new webhook for payment transfers that the interviewer recommends. Knowing Stripe, it is probably already implemented.

aquinn 15y ago

That limerick accent is fading fast:) Top it up by watching some Rubberbandits. Loved the interview.