Stripe: A Trillion-Dollar Side Hustle

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  • Опубліковано 13 жов 2024

КОМЕНТАРІ • 231

  • @HemstitchedIrony
    @HemstitchedIrony 3 місяці тому +253

    As a developer who uses Stripe, they understand what developers actually want, good documentation and simple implementation.

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +42

      Built by developers for developers :)

    • @honor9lite1337
      @honor9lite1337 3 місяці тому +8

      ​@@LogicallyAnsweredtech startup's meme😂

    • @Kent11371
      @Kent11371 3 місяці тому

      Stripe refuses to cancel subscriptions when the users cancel them.
      This is why in a lot of countries you cannot buy a Midjourney subscription, because of all the illegal charges the banks block the transacations now, and it will soon be the same for Leonardo AI as well.
      I will never support a company that uses stripe because they keep taking money even after you cancel, it's called stealing and no amount of propaganda is going to convince me or my bank to ever trust that company again
      If you want to destroy your company, use stripe as a payment processor

    • @CyrilCommando
      @CyrilCommando 2 місяці тому

      I know them as the company that has banned all pornographic transactions and therefore I cannot support them.

    • @CyrilCommando
      @CyrilCommando 2 місяці тому

      I know them as the company that has banned all p##n transactions and therefore I cannot support them.

  • @govindagarwal3310
    @govindagarwal3310 3 місяці тому +64

    0:25 that graph is so misleading, it should be considered a war crime

    • @iseeyoueverywhereigo
      @iseeyoueverywhereigo 3 місяці тому +2

      lol

    • @Okanhasanov
      @Okanhasanov Місяць тому

      Hi bro do you have a stripe account I need one for an ecom that me and my partners have we can lease it from you and pay you a % of our sales.

  • @thecodemachine
    @thecodemachine 3 місяці тому +152

    Stripe succeeded because PayPal was just that bad.

    • @KomitLive66
      @KomitLive66 3 місяці тому

      You're a legend bro 😂

    • @monbeauparfum1452
      @monbeauparfum1452 3 місяці тому

      Stripe is as bad as paypal

    • @Okanhasanov
      @Okanhasanov Місяць тому

      Hi bro do you have a stripe account I need one for an ecom that me and my partners have we can lease it from you and pay you a % of our sales.

    • @solitivity
      @solitivity Місяць тому

      @@Okanhasanov Sus af.

    • @i3looi2
      @i3looi2 Місяць тому

      * is

  • @Fanaro
    @Fanaro 3 місяці тому +68

    Stripe is one of the only few tech companies I root for. Great product. Great customer service. Reasonable fees.

    • @raylopez99
      @raylopez99 3 місяці тому +1

      You think that percentage Stripe charges, what was it, 2.8%, for doing nothing but acting as a middleman is reasonable? You work for Stripe? Seems to me they are like Sun Microsystems was to small businesses, a way to make money doing for smalls what bigger players like IBM did for bigs. I hope for their sake they don't go the way of Sun Microsystems.

    • @Vasudeva-yv2ie
      @Vasudeva-yv2ie 3 місяці тому

      Are you hear about Indian UPI !
      It's free bro 😉

    • @techwithib
      @techwithib 3 місяці тому

      Me too!

    • @unkshiva
      @unkshiva 3 місяці тому

      Now explain me how to integrate UPI for receiving money ?​@@Vasudeva-yv2ie

    • @anonymousanonymous6424
      @anonymousanonymous6424 3 місяці тому +3

      ​@@Vasudeva-yv2ieIt's govt funded that's why. Let govt make it chargeable and see.

  • @aleksandargapkovski8055
    @aleksandargapkovski8055 3 місяці тому +14

    Can't wait to see the quality increase in your new videos. You are one of the best youtubers about business and tech out there, the topics you choose to talk about are always fun.

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +1

      I’m excited too! You should see the difference starting August!

  • @balpreetsingh6834
    @balpreetsingh6834 3 місяці тому +32

    Welcome back. Great video as always.

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +8

      Thank you as always Balpreet!

    • @Okanhasanov
      @Okanhasanov Місяць тому

      Hi bro do you have a stripe account I need one for an ecom that me and my partners have we can lease it from you and pay you a % of our sales.

  • @rhy8336
    @rhy8336 3 місяці тому +77

    Please make the background music quieter

  • @OLAKEMFA
    @OLAKEMFA 3 місяці тому +74

    Stripe is currently holding my money

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +24

      Oof

    • @toddscamera
      @toddscamera 3 місяці тому +3

      Hasn’t happened to me 🤔

    • @honor9lite1337
      @honor9lite1337 3 місяці тому +3

      But why🤔

    • @BadIronTree
      @BadIronTree 3 місяці тому +1

      Its ether bad documents or sanctioned or Flaged as fraud...

    • @OLAKEMFA
      @OLAKEMFA 3 місяці тому

      @@BadIronTree they gave me no reason. However i think I processed too much money too early. But they dont even allow you to call them unless you have an account which they have shut down

  • @arghya_333
    @arghya_333 3 місяці тому +15

    Allow users to easily switch to products of other competitors? Now that's one hell of a reason to use their products. The world would be a better place if most other companies did similar stuff.

    • @alameenpd
      @alameenpd 3 місяці тому

      I started building plinxu an alternative to stripe and PayPal

    • @Okanhasanov
      @Okanhasanov Місяць тому

      Hi bro do you have a stripe account I need one for an ecom that me and my partners have we can lease it from you and pay you a % of our sales.

  • @marufbepary100
    @marufbepary100 3 місяці тому +12

    I also used Stripe for 2 of my projects. It is very easy to use and their documentation is really nice.

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +1

      Ah I bet

    • @gswthc
      @gswthc 2 місяці тому

      not until they take your money away

    • @Okanhasanov
      @Okanhasanov Місяць тому

      Hi bro do you have a stripe account I need one for an ecom that me and my partners have we can lease it from you and pay you a % of our sales.

    • @gswthc
      @gswthc Місяць тому

      @@Okanhasanov why don't you guys just apply one?

  • @SilentEire
    @SilentEire 3 місяці тому +18

    We’re not just a tax-haven 😉 🇮🇪

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому

      Hahaha

    • @icurcuwl
      @icurcuwl 3 місяці тому +1

      You are a great tax haven, though. Greetings from The Netherlands ❤

    • @Okanhasanov
      @Okanhasanov Місяць тому

      Hi bro do you have a stripe account I need one for an ecom that me and my partners have we can lease it from you and pay you a % of our sales.

  • @Awesome_Naphtali
    @Awesome_Naphtali 3 місяці тому +9

    Elon Musk also invested on strip what a genius.

    • @SamuelKidima
      @SamuelKidima 3 місяці тому +1

      Haha sounds cheesey

    • @Okanhasanov
      @Okanhasanov Місяць тому

      Hi bro do you have a stripe account I need one for an ecom that me and my partners have we can lease it from you and pay you a % of our sales.

  • @SamuelKidima
    @SamuelKidima 3 місяці тому +5

    This sounded more like an AD than a documentary.I quess its the music background

  • @elonnut
    @elonnut 2 місяці тому +1

    Stripes usability and simple integration made it the easy choice for us, and you can use one account to host multiple gateways

  • @andrews5069
    @andrews5069 3 місяці тому +8

    Stripe isn't a startup. They are an established company now and have been for many years. For some reason people keep calling tech companies startups even though they are past this stage. At least Google isn't called a startup any more.

  • @Redranddd
    @Redranddd 3 місяці тому +3

    Nice company, doing what they should do, no tricks

  • @mixerobrand
    @mixerobrand 3 місяці тому +1

    every topic of the video is amazing. thank you , very inspiring.

  • @Maceman1990
    @Maceman1990 3 місяці тому +4

    Please change the graph at 0:27. The visuals show stripe dominating while it is 0.2% lower. You place your viewers on a wrong footing.

  • @Vicky-cd8hh
    @Vicky-cd8hh 3 місяці тому +4

    Stripe recently acquired LINK. Now they are ditching the ECH payment method. You should have included that too in the video.

  • @Papasot
    @Papasot 3 місяці тому +5

    Omg he’s back

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +3

      Yes sir, uploads are gonna be a bit sparse over the next month though. Redoing our production process :)

  • @JohnWiku
    @JohnWiku 3 місяці тому +151

    I've never heard of stripe's existence until now 😂😂😂

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +40

      Well, they are a background company

    • @hoodrich6380
      @hoodrich6380 3 місяці тому +45

      That means you have to start hustling

    • @Terandium
      @Terandium 3 місяці тому +23

      You have most likely used them

    • @honor9lite1337
      @honor9lite1337 3 місяці тому +9

      High likely you're not online hustler 😅

    • @abhinavprabhakar455
      @abhinavprabhakar455 3 місяці тому +5

      You probably don't code.

  • @andrewreynolds912
    @andrewreynolds912 3 місяці тому +2

    Heres my question can you do payments over to forgien countries or to forgien artists like in china or Mexico while in america or denmark like Pay Pal can? Thats what im wondering please hope to hear if thats the case thanks!

  • @v3ct0r76
    @v3ct0r76 3 місяці тому +2

    Unfortunately Stripe become too big for small businesses. I mean that if anything goes wrong, it's super hard to get quick answer from their support because they do now have any account supervisors etc but can close your account for being "too risky" in just one second and ruin it

  • @s43m
    @s43m 3 місяці тому

    Other countries can just import UPI from India and these companies will be done for. It's the best payment processing system which has no added costs too.

  • @alvabarroso
    @alvabarroso 3 місяці тому +1

    Paddle is a great alternative with amazing DX. Also a merchant of record, so no need to pay taxes all over the world

    • @dipteshchoudhuri
      @dipteshchoudhuri 3 місяці тому

      Its quite a bit more expensive than Stripe/Paypal though.

  • @Sigma-u-8
    @Sigma-u-8 3 місяці тому +84

    Honestly, I don't understand why you're discussing these dubious schemes. There are plenty of options like Unimantic and similar ones that are fast and profitable.

  • @BurnzOfficial
    @BurnzOfficial 3 місяці тому +1

    That’s my POS system for my business.

  • @tomas.montilla
    @tomas.montilla 3 місяці тому +2

    Good video, and welcome back.
    I have to say, kudos on trying something new but I’m not sure the updated music really fits the mood of your videos.
    Too upbeat and it sometimes overpowers your voice. At least compared to the previous tracks. The new ending transition is great though

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +2

      Appreciate the honest constructive feedback Tomas!

  • @JSLXMD
    @JSLXMD 3 місяці тому +3

    Good to see you 👍

  • @Vansh-qu7bm
    @Vansh-qu7bm 3 місяці тому

    I want to say thank you to the guy in the comments who recommended Unimantic to me. You've been very helpful. Thank you!

  • @amrasminn
    @amrasminn 3 місяці тому +1

    The background music choice made it feel like an ad and was too loud. Other than that, great video as always.

  • @lII99
    @lII99 3 місяці тому +1

    good as always can you do openai next?

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому

      Have a few videos on them already :)

    • @lII99
      @lII99 3 місяці тому

      @@LogicallyAnswered ❤ ❤i watched all of them but i need more from you , i love your content so much

  • @camilordofficial
    @camilordofficial 3 місяці тому

    I like that you now show your face, awsome bro.

  • @subzero0000
    @subzero0000 3 місяці тому +1

    Having implemented stripe, paypal and mastercard in the past, I'd definitely recommend stripe to my peers.
    Unless I want that person to suffer. 😁

  • @brovriscoolvriscool5277
    @brovriscoolvriscool5277 3 місяці тому +3

    I was watching this while making a nuke bomber plane in Minecraft. Thanks for the good Video.

  • @hridayfcb
    @hridayfcb 3 місяці тому

    Every good startup you talk about is “The biggest tech startup in the world” HOW

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +1

      Biggest in different ways. Stripe is def biggest fintech startup

    • @hridayfcb
      @hridayfcb 3 місяці тому

      @@LogicallyAnswered Good enough. Appreciate it

  • @hitmusicworldwide
    @hitmusicworldwide 3 місяці тому

    Wow this was the first positive tone video I've seen from this channel There was no dark side is this going to be a trend now? By the way I use PayPal and I don't have any problems with it I haven't gotten around to integrating stripe yet and I'm thinking they may be more intrusive?

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +1

      Yeah, def don’t wanna keep making negative videos only haha, but full transparency, those do a lot better

    • @hitmusicworldwide
      @hitmusicworldwide 3 місяці тому

      @@LogicallyAnswered people do love their daily snort of cynicism. I mean I like things to be objective and avoid empty fawning, but I'm also tired of the constant mean girl conspiracy BS too.

  • @calculate.
    @calculate. 2 місяці тому

    Education is about learning something new not just attending school!

  • @VoidEdits8973
    @VoidEdits8973 3 місяці тому

    Finally, bro is back! Atleast tell us before that you are stuck in some work or like that!

  • @Arturino_Burachelini
    @Arturino_Burachelini 3 місяці тому

    I saw you experimented a lot in this vid: no chapter delimeters, "corporate music". We can do without the latter, but can do with the former

  • @MyWasteOfTime
    @MyWasteOfTime 3 місяці тому +2

    Never even heard of Stripe...

    • @booneboone9705
      @booneboone9705 3 місяці тому +2

      Not unusual especially if you don't own a E-commerce business

  • @alexanderfurre8547
    @alexanderfurre8547 3 місяці тому

    As a developer I can tell you, if they ever IPO, BUY THE HELL OUT OF IT.

  • @WikiPeoples
    @WikiPeoples 3 місяці тому +1

    Remember everyone in the comments: Comparison is the thief of joy.

  • @IAmSchilling
    @IAmSchilling 3 місяці тому

    2.9% + 30cents per transaction seems ridiculous to me, in germany we pay nothing for most transactions, paypal for instance is extremly popular in germany due to 0 transaction cost for consumers

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому

      What about fees that merchants pay for credit cards though? That’s the comparison

  • @ignored34
    @ignored34 3 місяці тому +35

    Get rid of the background music

  • @paulam4301
    @paulam4301 2 місяці тому +1

    I will never use stripe, i've read so many complaints about them

  • @Fanaro
    @Fanaro 3 місяці тому +3

    How is Stripe still only at ~100B?!

    • @dee-jay45
      @dee-jay45 3 місяці тому

      It's actually only 65 Billion as of the most recent valuation.

  • @RadioClassics
    @RadioClassics 3 місяці тому

    Please do a video on the trashy USPS service.

  • @mission3479
    @mission3479 2 місяці тому

    I rather buy products online through PayPal that way I know my payment info is going to a trusted third party

  • @jessenthebenezer
    @jessenthebenezer 3 місяці тому

    Hi Hari, ive been wondering if you speak Tamil

  • @NotAJosh
    @NotAJosh 3 місяці тому

    Yes, because when my floatplane membership renews that’s what they use 😂

  • @SherwinDSouza-fm3tw
    @SherwinDSouza-fm3tw 3 місяці тому

    OFC we heard of it

  • @Spectacurl
    @Spectacurl 3 місяці тому +26

    This is the longest add in UA-cam, Jesus man… guess why there is no sponsor… is all sponsor

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +9

      Not sponsored man

    • @mriz
      @mriz 3 місяці тому +5

      @@LogicallyAnswered why background sound ads theme?

    • @trevorashala9424
      @trevorashala9424 3 місяці тому

      Its his channel .open yours and dont do adds .its simple

  • @assaultressgamer
    @assaultressgamer 3 місяці тому +1

    Please lower the background music. Too louuuuud.😢

  • @marcelvalue
    @marcelvalue 3 місяці тому

    Are you sure Stripe is not known to keep back money like its main competition?

  • @sir_arsen
    @sir_arsen 3 місяці тому +6

    not that hard to be better than paypal

  • @agoodmansaid
    @agoodmansaid 3 місяці тому

    What’s with the music this time bro?

  • @lockout125
    @lockout125 3 місяці тому

    Great background music, didn’t realize you were even speaking 😂😂😂😂😂

  • @danieltanasec
    @danieltanasec 3 місяці тому

    Visa and Mastercard are not Stripe’s competitors

  • @makotao7218
    @makotao7218 3 місяці тому

    make a video about databricks!!

  • @wedaj
    @wedaj 3 місяці тому

    At this point elon musk is time traveler

  • @noorlancer
    @noorlancer 3 місяці тому

    i love stripe

  • @choqao
    @choqao 3 місяці тому +2

    you know who comes early - always here early!

  • @samelobinna101
    @samelobinna101 3 місяці тому +1

    Paystack > Stripe 🇳🇬 to the 🌍

    • @yungifez
      @yungifez 3 місяці тому +5

      Stripe owns paystack though so....

    • @Lotanna20
      @Lotanna20 3 місяці тому

      ​​@@yungifezwow i never knew

    • @yungifez
      @yungifez 3 місяці тому

      @@Lotanna20 yeah it went under the radar
      200 million bucks is insane though

  • @amrasminn
    @amrasminn 3 місяці тому +2

    The background music choice made it feel like an ad for Stripe and was too loud. Other than that, great video as always.

  • @VirendraBG
    @VirendraBG 3 місяці тому +1

    Gave up on this video at 5:16.
    Super annoying and loud 📢 background music.
    👎🏻

  • @MrSamPhoenix
    @MrSamPhoenix Місяць тому

    Didn’t even this company existed.

  • @litDevYT
    @litDevYT 3 місяці тому +1

    Where had blud gone? 😭😭

    • @LogicallyAnswered
      @LogicallyAnswered  3 місяці тому +1

      Redoing our production process. Should be seeing big quality increase in August :)

  • @primeseal9202
    @primeseal9202 3 місяці тому

    this is almost like an advert

  • @mrchatterjee_
    @mrchatterjee_ 3 місяці тому

    Fix your microphone and tone down the music. Your Target audience doesn't care about these music rather useful information like this. Way too much loud noise and hollow voice. A feedback imo.

  • @Wordjerk
    @Wordjerk 3 місяці тому +5

    It takes more than word-of-mouth to get a16z to pony up cash. And nice ad btw; the music's a dead giveaway. At least traditional media tells you when content is sponsored.

  • @RajuYadav-qm4ic
    @RajuYadav-qm4ic 3 місяці тому

    Stripe not available in India 😢for developers😅

  • @uday2101
    @uday2101 3 місяці тому

    UPI laughing in corner

  • @keyonlewis7574
    @keyonlewis7574 3 місяці тому

    I planning to move overseas to set up a bank account so i can get a strip account. I am a software developer in st.vincent

  • @Fanaro
    @Fanaro 3 місяці тому +1

    Still dislike this backgorund music.

  • @junyaiwase
    @junyaiwase 3 місяці тому

    yo am i listening to you or music bro? goddamn

  • @noorlancer
    @noorlancer 3 місяці тому

    background music ruined the vid ngl

  • @mathemat3939
    @mathemat3939 3 місяці тому

    Everyone knows Stripe.

  • @gilberttello08
    @gilberttello08 3 місяці тому

    👌👌

  • @dhudhwani
    @dhudhwani 3 місяці тому

    Stripe doesn't exsist in india. I think that's due to UPI revolution

  • @monbeauparfum1452
    @monbeauparfum1452 3 місяці тому

    1 trillion volume processed not valuation… clickbait title 💩

  • @ViceCoin
    @ViceCoin 3 місяці тому +1

    Crypto beats Stripe.

  • @George-nd7ot
    @George-nd7ot 3 місяці тому

    STRIPE IS NOT A STARTUP

  • @EnriqueMcQuade
    @EnriqueMcQuade 3 місяці тому +1

    Hello

  • @jeffmcdonald101
    @jeffmcdonald101 3 місяці тому

    Had to bail halfway through because of the distractingly loud music. It's overpowering your voice and zaps concentration. Shame man, your content is top shelf.

  • @Ibeliveinmiracles
    @Ibeliveinmiracles 3 місяці тому +2

    So much happiness and joy $47k weekly returns has been life changing. AWESOME GOD I now have a house and can now afford anything for my family even with my Retirement..

    • @MaryAngelaWalker
      @MaryAngelaWalker 3 місяці тому +1

      wow this awesome 👏 I'm 37 and have been looking for ways to be successful, please how??

    • @Ibeliveinmiracles
      @Ibeliveinmiracles 3 місяці тому

      Grace

    • @Ibeliveinmiracles
      @Ibeliveinmiracles 3 місяці тому

      Angela

    • @Ibeliveinmiracles
      @Ibeliveinmiracles 3 місяці тому

      Boots

    • @helenasher3498
      @helenasher3498 3 місяці тому

      I remember giving her my first savings $20000 and she opened a brokerage account for me it turned out to be the best thing that ever happened to me.

  • @amritsingh6987
    @amritsingh6987 3 місяці тому

    what on earth is Stripe!?
    Sounds like an artest company.
    Am I wasting my time here?
    Anyway I'll watch the video and hope stripe isn't some new skeem to sell art and nft's or anything like that.
    Can it just be a money making thing.
    I'd love something Where I can use a nice service to receive money for my mailing list subscription or other digital products.
    Wishful thinking so I'm just gonna stop commenting now

  • @alameenpd
    @alameenpd 3 місяці тому

    Hey guys i am building plinxu an alternative to stripe and PayPal for third world countries

  • @ShibaHamamatsucho
    @ShibaHamamatsucho 3 місяці тому

    stripe is the worst for small businesses though. they will hold your money with no reason given for indefinite periods. stay away.

  • @ninjonymous
    @ninjonymous 3 місяці тому

    Bhai Moochein kyun badha raha hai

  • @seaplayz.
    @seaplayz. 3 місяці тому

    Me when i only see then today and then suddenly i get an explanation:

  • @raylopez99
    @raylopez99 3 місяці тому

    Ridiculous company. Way overpriced. But what do I know?

  • @antiimperialista
    @antiimperialista 3 місяці тому

    clickbait unsubbed and disliked

  • @__-pz4hc
    @__-pz4hc 3 місяці тому

    dont show ur face, it ruins the aesthetic of the video, only show stock footage, no need to show ur face.

  • @HokageJamal
    @HokageJamal 3 місяці тому

    One look on stripes trustpilot will show you that stripe isn’t loved at all lol - stripe is trash for small businesses