From Dorm Room to $1 Billion How stripe really "cooked" ? 2010: Stanford dorms. Irish brothers Patrick and John Collison frustrated with online payments. Idea: Make internet transactions simple for developers Initial product: 7 lines of code 2011: Y Combinator accelerator Seed funding: $2 million Challenge: Convince risk-averse banks to partner 2012-2014: Rapid growth Clients: From small startups to tech giants Series A & B funding: $140 million Valuation: $1.75 billion 2015: The pivot Focus: Beyond payments to full platform for internet business New services: Fraud prevention, business incorporation 2020: Pandemic surge E-commerce boom skyrockets demand Valuation: $36 billion 2021: Funding climax Series H raises $600 million Valuation: $95 billion Today: Stripe powers millions of businesses in 120+ countries Key lessons: 1. Solve a universal problem 2. Prioritize user experience 3. Adapt to market changes 4. Think big, start small - follow for more on Medial!!
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