1/ Our #SaaS billing @CutshortHQ is now powered by @stripe India. Integration was a bit of work, but well worth it - the platform looks solid and feature-rich. Thanks @andybals and team for supporting us!
2/ During this onboarding, got an opportunity to observe @stripe's working ethos. It is valued at over $10B, but the team is as hungry and responsive as at a bootstrapped startup. From Twitter to email to phone, things moved forward, fast!
3/ And all this effort not for a Fortune 500 company but for a startup with modest payment volumes. Again proves the hunger and commitment to solving a problem over short term numbers. Kudos @collision@patrickc for scaling the org in such a flawless way.
4/ Payments might look easy to naked eye. But man it's complicated. @Stripe has done a great job in architecting the product in a way that minimizes configuration but also can handle variability within each company and each operating country's financial sytem. Solid work @gd
5/ India can be a tricky market for foreign entrants like @stripe. To succeed, they need a global product and a solid team that ruthlessly puts out all stops to grow. And Stripe does seem to be on track. When you guys decide to grow, @CutshortHQ would love to help. :)
6/ All in all, happy to have moved to @stripe. Hoping to get: 1. Support more debit card providers for subscription billing 2. Support netbanking Any forecasts @andybals?
Wish you all the luck! Godspeed!
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Got pulled into an interesting debate on LinkedIn - are early stage employees are stupid to accept lower salaries in exchange of 1-5% equity which is most probably worth ZERO. 1/n
I won't call it stupid, but irrational. Early employees often work just as hard as founders, but neither get high equity nor market salaries. 2/n
So why do they do it? The same reason why founders start their startups - they get no salary, put in their own hard earned cash, make personal sacrifices and risk their career. Sure, they get more equity, but given the abysmal success %, they know it's probably worth ZERO.