The Gray Area with Sean Illing cover image

Stripe CEO Patrick Collison on management, rationalism, and the enlightenment

The Gray Area with Sean Illing

00:00

The Impetus for Stripe

Stripe started as a functional prototype that was technically able to handle a couple of payments but really was not capable of any kind of meaningful scale or sort of serious operation. Back when we were starting Stripe, online spending as a fraction of total consumer spending was still about 2%. And so that even though there was the Amazon's and the Zappos's and so forth that happened, that there was some kind of meaningful way in which the economy had not yet transformed itself into the internet enabled version.

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