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there's an avalanche of money waiting for more competition to Stripe i've seen too many businesses destroyed by sudden "your account is closed" with no human c
by elevenoh4 1y ago
there's an avalanche of money waiting for more competition to Stripe
i've seen too many businesses destroyed by sudden "your account is closed" with no human contact
- Keyframe 1y agoIf it's as difficult as they say it is, how did Stripe do it?
- danielmarkbruce 1y agoThey worked at it for a long time before launch, started with a very narrow product and only had customers they actually knew (reduces fraud a lot), worked like crazy, operated in a market where the competition was abysmal.
- danielmarkbruce 1y agoThere's an avalanche of money waiting for more competition to Nvidia too.... The problem is, many folks have absolutely no comprehension of how difficult it is to build a payment processor that can serve lots of customers they don't personally know. The fraud is just insane. The regulation is insane. The card network rules are insane.