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.Patrick Collison on how Stripe got its name: "We just couldn't come up with a good name... We were literally reduced to picking random words late at night." "One of the folks at Stripe had the bright idea of, 'Why don't we just assemble a big list of words...

113,943 görüntüleme • 2 ay önce •via X (Twitter)

14 Yorum

Object Zero profil fotoğrafı
Object Zero2 ay önce

@patrickc Hmmm, now imagine the story but in the timeline where we are all used to them being called PayDemon, and they explain that they were hours away from calling themselves “Stripe”.

Oleg Shulga profil fotoğrafı
Oleg Shulga2 ay önce

@patrickc Founders waste absurd time naming companies because naming feels important and safe. Stripe became a great name because the company became great. A mediocre product cannot be rescued by twelve weeks of domain hunting.

Abhishek Hegde profil fotoğrafı
Abhishek Hegde2 ay önce

@patrickc Imagine getting chargebacked by PayDemon

David Tran profil fotoğrafı
David Tran2 ay önce

@patrickc Would be quite the full circle rebrand back to /dev/payments in the agentic world @patrickc @collision

Ken profil fotoğrafı
Ken2 ay önce

@patrickc Paydemon is an awful name 😭😭😭😭😭😭

icefrog.◎ profil fotoğrafı
icefrog.◎2 ay önce

@patrickc paydemon logo tho

Gao fei profil fotoğrafı
Gao fei2 ay önce

@patrickc PayDemon很酷,但Stripe现在看来有更好的外延。

Corey profil fotoğrafı
Corey2 ay önce

@patrickc PayDemon almost won. Naming is a deadline with vibes.

Adam · Arcyton profil fotoğrafı
Adam · Arcyton2 ay önce

@patrickc Glad I’m past that nightmare! What’s your first impression of my brand name, Arcyton?

Mehdi Djabri profil fotoğrafı
Mehdi Djabri2 ay önce

@patrickc Great story, it was meant to be

Simon profil fotoğrafı
Simon2 ay önce

@patrickc PayDemon would have been legendary, but i get that issue sometimes it needs weeks to come up with a proper name

Eliel profil fotoğrafı
Eliel2 ay önce

@patrickc paydemon sounds like a sketchy grey market online casino you can only pay in with a specific niche crypto

Ryan Trost profil fotoğrafı
Ryan Trost2 ay önce

@patrickc Sigh gonna be a paydemon coin soon

orcus108 profil fotoğrafı
orcus1082 ay önce

@patrickc PayDemon😭💀

Benzer Videolar

John Collison: We only had 50 users two years after founding Stripe “We started working on Stripe in the Fall of 2009, and we launched Stripe in September 2011,” John Collison reflects. “I remember right at the beginning when we were starting it I said to Patrick [Collison], ‘Yeah let’s do it. How hard can it be?’ Which gives you a sense of our mindset. And the answer was: two years of difficulty. We had not predicted that.” John remembers feeling dejected when Stripe only had 50 users two years later: “When you spend two years getting 50 users, it doesn’t feel like a whole lot of progress. It feels like things are going pretty slow.” But this is one of the challenges of startups, he argues: “If you’re working on a startup that’s a bad idea, it’s going to feel like slow-going. But if you’re working on a startup that’s a good idea, it may feel like slow-going too.” Yet slow growth has a silver lining: “I think the thing that allowed us to take off in the subsequent years was the fact that since we were spending so much time on each one of those users; since we were hyper-focused on building a great product; and since we weren’t dealing with problems of scale yet, that allowed us to build the product that we wanted. Part of the culture that set in really early on was taking abnormally good care of those early users.” The Stripe founders would get an email or phone call anytime a user ran into a bug. When they sent the customer an email moments later alerting them that the bug was now fixed, people’s minds were blown. They set up a Campfire room that any customer could join and use to message John and Patrick at any hour of the day or night. And if a user was based in the Bay Area, the founders would invite them to come by the office and help integrate Stripe for them. In the Stripe dashboard they would prompt their customers for feedback and feature requests. Then the Stripe founders would reply to that feedback within 10 minutes. “What this meant was that even though the user growth was happening quite slowly in the early days,” John explains, “it actually had a pretty surprising viral effect where people had a good experience, they told their friends about it, and we were able to spread entirely through word-of-mouth even to this day.” Video source: Stanford eCorner (2015)

Startup Archive

191,059 görüntüleme • 11 ay önce

Sam Altman and John Collison: Every startup goes through "the dark times" “No one is as honest about how bad the early days are as they should be because it’s so embarrassing in retrospect.” He talks through just how unpromising everything looked in the early days: “We were this extremely ragtag group of people. We were mocked by everyone serious in the field. And we didn’t have working technical progress. We had some little things that kind of worked, but it was deeply unclear how we were going to make AGI, and we were unbelievably outgunned by Deep Mind at the time. A lot of people were like ‘why are you doing this? Deep Mind is untouchable.’… so yeah, it was pretty hard but we just kept putting one foot in front of the other. We were constantly not able to find enough money or compute or people. But you just keep going and eventually something works.” Stripe cofounder John Collison reiterates this: “Every company that is going to get to some scale definitely goes through a period of the dark times. If I think back to Stripe’s dark times, there was this point just after launch where the endorphins had worn off, and we had a bunch of early people leave all at once. It was very draining. You know, you lose some of your own confidence.” What kept the Stripe founders going—besides having an idea that they were really excited about—was momentum from serving customers. When you have customers using your product, you kind of have no choice but to continue serving them. Sam echoes this point: “Once you have customers that you have to serve, they really pull it out of you.” Open AI didn’t have customers and was more focused on foundational research, but to keep their sanity, they tried to set up external touch points that faked the equivalent of having customer feedback. Source: Stripe (Oct 2023)

Startup Archive

21,055 görüntüleme • 2 ay önce

My cousins and my brother and I were exploring Coney Island, we saw the sights, hung out at the arcades and before we went back to the apartment we decided to go and get something to eat, we had some money on us but not much so we decided to see what we could get at one of the vendors. This was back in the early 90’s when most of them had dollar slices of pizza wherever we went. So we got 4 pieces of pizza, should have been $4 because that’s the price we were used to. The guy wanted to charge us $24 at $6 a slice. We argues with him because one of my cousins already took a bite being so hungry. But at the least we owed $4. We gave the other slices back and refused them but had to pay for the partially eaten one, it was embarrassing that an adult would try that on a bunch of kids. We told our uncle what happened and he went back and yelled at the vendor. He was familiar with them because he used to get slices all the time from the same guy and he never charged my uncle that price. I couldn’t imagine paying that exurban amount, like this guy who was being charged $54 for a hotdog by one of the vendors. At first he thought it was a typo and it was $5.40 but the vendor. Learned it up when he said no it was $54. Would you have paid that amount? I would have walked away, clearly he was trying to possibly scam a the man for looking like a tourist. Part of the experience when visiting a new area is the street food but it’s becoming more and more a chore avoiding places like this.

SonnyBoy🇺🇸

362,822 görüntüleme • 3 ay önce

FNC Boaster: “These events are, as you can probably imagine, quite tiring. We go from the upper bracket into three games in a row for the final days. That, on top of lots of media, lots of features, lots of just random stuff that we do. Not to mention the fact that when we go into our games, there’s a lot of adrenaline. After every game, my body aches and my head hurts, and then we have to somehow get to sleep, and then we’ve got to wake up early and stuff. So there’s loads of factors into this. It’s not just simply, you go in and you play. And I think we started slow today, especially on Corrode and Lotus. A big map was Lotus for us, and we weren’t able to, just everything wasn’t going our way. The Odin was completely annihilating us. Then when we got to Abyss, we were like, ‘This is the last chance.’ And I felt very confident that we could win this one, because I felt like I knew everything they did on the attack side. And then, what were we like 1–11 down or something? I was like, ‘Oh bloody hell, this one’s going to be a tough one, isn’t it?’ We managed to do it, and then I was like, ‘Holy guacamole, the dream is alive!’ And it felt amazing, hearing the crowd and being able to just do that, because it would’ve been so disappointing of a final to just bomb out there. But in the FNATIC way, we fight back. Ascent, we’re starting to feel the kind of momentum. And then it gets to Sunset, a map that was the one kind of perma-ban we had, but we had some stuff on it. Unfortunately, it was just the crucial map for us to get the win, and some of the rounds just didn’t go our way, and that’s how VALORANT goes, you know. It felt like the rounds that we needed to win, we lost, and then they had an ultimate the next round, and that’s how brutal it is on defense. If we had just been able to win one of those rounds, like the bonus round, holy guacamole, we would’ve been loving life. And it was the difference of like a 1v1 in the end. So yeah, I mean, we tried our best. That’s why I’m not that [sad]. I am sad, obviously, but I’m not like how I was in Toronto, because I felt like we pushed, we tried our best, and I’m very happy with the boys. It would’ve been nice to win, but there’s only one winner, so it’s just a blessing to compete instead.” #VALORANTChampions via Pedro Romero

VALO2ASIA

160,250 görüntüleme • 1 yıl önce