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Patrick Collison

11/05/15

@ Greylock

We launched the prototype in January 2010, and it took off by word of mouth, even before a public launch, surprising us as it was just an API for charging credit cards.

Video

Blitzscaling 11: Patrick Collison on Hiring at Stripe and the Role of a Product-Focused CEO

@ Greylock

Blitzscaling 11: Patrick Collison on Hiring at Stripe and the Role of a Product-Focused CEO

11/05/15

Related Takeaways

Joshua Reeves

03/18/25

@ Y Combinator

We didn't launch our product publicly until December 2012, several months after our demo day, to ensure we had a reliable system in place before opening it up to strangers.

Reham Fagiri

12/15/18

@ Y Combinator

When we launched our MVP in 2014, we had a transaction on the very first day, which confirmed our belief in the business model.

Patrick Collison

11/05/15

@ Greylock

We thought, why isn't there a straightforward payment solution like Slicehost for payments? This idea led us to build a prototype for Stripe in January 2010, which we launched to a few friends.

Eric Migicovsky

10/15/14

@ Y Combinator

In late 2009, we decided to publicly announce our product, which led to significant interest and media coverage.

Diane Greene

10/26/13

@ Y Combinator

We launched our product online, supported it via email, and maintained a frugal, cash-neutral operation while reaching an international market from the start.

Jeff Lawson

05/24/25

@ a16z speedrun

We built the Twilio prototype in about four months, and early customers provided encouragement by building interesting ideas on the platform, validating our direction.

Jack Dorsey

04/25/20

@ Lex Fridman

When we started, only about 30-40% of people who applied to accept credit cards were approved; we increased that to 99% by reframing the problem and building credible models.

Y Combinator Cast

08/10/23

@ Y Combinator

We launched our product to friends and family to test our processes and pricing, which helped us refine our approach and led to referrals.

Aravind Srinivas

02/22/25

@ Y Combinator

The first real product we launched was a chat UI that allowed users to converse and retrieve data from a database, which was well-received.