Rafsark

7 ms·

31.
by Rafsark 3y ago
What's your vision? Can AI handle revenue prediction and billing engineering tasks? Both? How?
32.
by Rafsark 3y ago
How do you know in advance it will grow into a unicorn? I tend to agree with you, but that's a shame to have a team of 30 engineers working only on billing, even if you are a unicorn.. I would prefer to have them working on my product
33.
by Rafsark 3y ago
I think billing, taxes and entitlements are 3 different products, with obviously strong relationships. I would rather give the advice to rely on a third party tax tool that is connected to the billing engine instead of the "all in one&
34.
by Rafsark 3y ago
Could you explain how? I know temporal has not built the billing engine themselves, so wondering how the tool can help with this..
35.
by Rafsark 3y ago
Marketing teams can sometimes miss the mark on this one. There's a misconception that improving billing is as simple as launching a new marketing campaign, but that couldn't be further from the truth. Billing is a multifaceted asp
36.
by Rafsark 3y ago
This is completely true. Taxes, entitlements and billing can be 3 different products. I don't understand how people think it's a 3 week effort. Avoiding this separation can lead to a messy setup down the road.
37.
by Rafsark 3y ago
Timezones are not hard to build. It's indeed the interpretation of your app and the display to your end users that are hard to manage. Think of your birthday: it's not hard for you to set a datetime at your current location to def
38.
by Rafsark 3y ago
Indeed, this cannot be a solution for most of the business out there, as date and time are tied together to ingest a certain event. But this could be an easy fix for some businesses
39.
by Rafsark 3y ago
What would you expect as a fix? How do they know about the timezone you are currently on? Not an easy fix in my opinion as they have to be aware of your timezone (or ask for it) anytime you post
40.
by Rafsark 3y ago
> GMT+12, which only covers two uninhabited American islands New Zealand users are now mad at you :D
41.
by Rafsark 3y ago
That's true, but wishing a birthday at the right moment depends on the timezone. It's not just about the date itself, it's about the interactions other people have with this date
42.
by Rafsark 3y ago
Completely true. I think the main point of your comment is about "presenting that information contextually to customers". You often have to make choices when you decide to bill your customers, and those choices have to be crystal-
43.
by Rafsark 4y ago
Don't have much information about them, but it seems that we are API first while they are focusing on no-code (from what I understand from their homepage). The common path would be that we both have a UI to let non-tech users handle bi
44.
by Rafsark 4y ago
You are totally right, that's a good catch. Just changed the text color to white! Thanks a lot for your feedback
45.
by Rafsark 4y ago
We put a lot of effort into the website and its messaging. This helps users understand how billing works, as the complexity of the features behind it can be difficult to grasp. To help, we often explain the problem and the solution. Glad yo
46.
by Rafsark 4y ago
That's totally doable. You can simply create a price plan per customer, and call the subscriptions api to assign a plan to a customer. In addition to this, you can create a basic coupon, but override the value when assigning the coupon
47.
by Rafsark 4y ago
Thanks! The space is becoming more and more exciting. Many players will emerge in different verticals, creating a great impact. Companies will be able to price, invoice, and track usage with greater precision.
48.
by Rafsark 4y ago
Hi Kiro, I don't consider this an impudent response. We strive to base our answers on facts, from both the team and product perspectives. We tried to detail differences from a product point of view. We respect everyone in this space, i
49.
by Rafsark 4y ago
You can still use Snowflake + DBT to track usage. However, this won't cover billing use cases. On top of this, you could need to create invoices, trigger payments, handle coupons, and issue credit notes. Many customers use warehouses t
50.
by Rafsark 4y ago
Thanks! We cover all types of SaaS companies' billing. We often say that if you can track it, we can bill it! We cover subscriptions, hybrid, pay-as-you-go, and per-seat pricing models. We believe that the future of billing is hybrid -
51.
by Rafsark 4y ago
In our opinion, the future of billing is hybrid. This means customers pay a platform fee (a subscription) but don't face blocks for exceeding their plan's limits. Offering multiple plans with appropriate entitlements related to th
52.
by Rafsark 4y ago
Hi, First of all, we launched our open source billing repository months before they did. In fact, they even reached out to us for inspiration. This could be related to the fact that our team has prior experience building billing engines, so
53.
by Rafsark 4y ago
We have a growing number of requests for this use-case, but we try to focus on billing right now. However, I can promote Formance ( https://www.formance.com/ ) here that can help on this vertical. They are YC folks, and tackl
54.
by Rafsark 4y ago
Thanks for the kind words. At Lago, we want to break the notion that billing is always a "buy or build" option. Billing can be so different between companies that it may require a custom setup, infrastructure, and model. Furthermo
55.
by Rafsark 4y ago
Thanks, we're excited to have you on board! We've had some requests about billing for marketplaces. Currently, Lago is designed to bill subscriptions with embedded fixed fees and usage-based fees, resulting in a consolidated &quot
56.
by Rafsark 4y ago
Thanks! We're big fans of Plausible and appreciate you mentioning them in your comment. We wanted to be transparent about why we chose this license. Our goal is to create a sustainable open source product, both in terms of quality and
57.
by Rafsark 4y ago
Yes, there are many differences between Stripe and Lago. Here are some of the most common: Lago is completely agnostic of payment providers, meaning you can use any payment service provider (PSP) with it, whereas Stripe requires the use of
58.
by Rafsark 4y ago
In my opinion, the future of billing lies in a hybrid approach. Former subscription- or per-seat-based models were too restrictive. Subscriptions with capped features prevented users from upselling and generating more revenue. The gap betwe
59.
by Rafsark 4y ago
Hi Rabidonrails, We have decided to launch an official HN campaign for the beta release of Lago ( https://www.getlago.com/beta ). This Beta covers the full range of billing features (credit notes, bill on customers' time
60.
Launch HN: Lago (YC S21) – Open-source usage-based billing
442 points by Rafsark 4y ago|141 comments

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