pc

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Google engineer Mike Hearn on being hacked by the NSA(plus.google.com)
9 points by pc 13y ago|0 comments
362.
by pc 13y ago
Of course there's a difference (as reflected by MongoDB's relatively tiny valuation). The question is how likely it is that they can expand significantly from their current position. The trajectories of Salesforce, Oracle, and SAP
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by pc 13y ago
> Back then, when they were the age 10gen/MongoDB is now, nobody valued those companies at (the appropriately adjusted equivalent of) 1.2 billion, because there was no clue they would be the winners. Actually, MongoDB (formerly 10
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by pc 13y ago
Yeah, I was being hyperbolic to try to make the point -- you can dismiss anything as merely a frigging X. You're absolutely right with regard to Oracle. (Tangent: for anyone interested in Oracle's history/business, or just en
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by pc 13y ago
> I don't know. I haven't seen these financials. But it's a frigging database, and not a particularly good one. A billion dollars!? Salesforce is a frigging CRM tool; SAP is a frigging ERP system; Oracle is a frigging da
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by pc 13y ago
I hate to be That Guy, but I think this demands a bit more rigor. $1.2B is certainly a big number, but let's unpack what it means. Do you think it's impossible that MongoDB gets to $100M of net income? For a company that sells to
367.
by pc 13y ago
> I don't know if there are other investors than Y Combinator though, there might be one that will push for a sale. We do have other investors, but (luckily) they're as uninterested in selling as we are. We've always bee
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by pc 13y ago
Thanks! We will :). (Today belongs to Braintree, as you say -- congrats to all of the folks connected with the company.)
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by pc 13y ago
> I think it's a little irresponsible to send all the data via web-hook without providing a way to verify it came from Stripe. Well, as zrail said, you can trivially verify it by fetching the associated event from Stripe and ignor
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by pc 13y ago
They do original reporting too, e.g. the extensively-researched http://www.businessinsider.com/marissa-mayer-biography-2013-...
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by pc 13y ago
> I'd recommend you be careful about becoming over-complacent. Absolutely. Indeed, I'd characterize us as actively paranoid. My point was merely that we're already operating at a scale that needs pretty good fraud syste
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by pc 13y ago
> I've no idea what the current fraud level against Stripe is, but as they become more mainstream they're going to need to employ more anti-fraud and anti-risk measures as their exposure increases. I'm one of Stripe&#x27
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by pc 13y ago
Sadly, it is not mere FUD for people based here in Ireland. (I agree that it was somewhat better in the US.) Here's what Liam Casey (CEO of PCH International[1]) said earlier: https://twitter.com/liamcasey/status&#
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by pc 13y ago
Working on it!
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by pc 13y ago
> I don't like companies abusing sites like Hacker News and posting links to their products. For what it's worth: I work at Stripe, and we didn't submit this story. If you've any suggestions as to what we should do to
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by pc 13y ago
Yeah, I think that's generally reasonable, and I totally see where you're coming from. (Though I do believe that even though we're in the US, Stripe will do a better job of guarding the privacy of our customers than the vast
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by pc 13y ago
Good point; we'll update that wording.
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by pc 13y ago
Stripe has never participated in any kind of government surveillance program. Quite the opposite -- we're trying to figure out new ways to protect our users: https://stripe.com/blog/towards-transparency . As CEO, I
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by pc 13y ago
No criteria per se -- everyone is welcome. We're just rate-limiting it a bit to make sure that everyone has a good experience.
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by pc 13y ago
> Do you know who is going to buy stripe? No. You could very well end up in worst hands. Our plan is "nobody" :).
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by pc 13y ago
We're thinking about it, but it's not clear to us that we can create an abstraction that fits nicely with everything else. I'm not sure that the additional complexity would be worth it. Definitely open to any suggestions.
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by pc 13y ago
Email me for an invite! patrick@stripe.com.
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by pc 13y ago
The problem is that you can't synchronously process the payment, which makes the API (and user experience generally) much more complicated.
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by pc 13y ago
Let me know if you need an invite -- patrick@stripe.com.
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by pc 13y ago
No need for a merchant account or anything like that -- Stripe handles everything from accepting the payment to depositing the money in your bank account.
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by pc 13y ago
We'll add USD -> Euro German bank account very soon. Want to drop Thairu an email (thairu@stripe.com) and we'll ping you once it's ready?
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by pc 13y ago
Credit card usage is somewhat lower in Germany (though by a smaller margin than people think), and we considered holding off 'till we had a better answer to this. But we thought about it more, and talked to a bunch of German companies,
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by pc 13y ago
On the contrary, I've found that great engineers are more concerned about flimsy interview processes. They know that everyone else will be picked by roughly the same process that they are. They want to have confidence that their collea
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by pc 13y ago
> Does anyone know if Stripe account setup&approval for UK is just as straightforward as for US? Yep; it's the very same instant setup.
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by pc 13y ago
We decided against supporting them since Maestro cards are falling out of use. (See my other comment in the thread.)

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