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Stripe is one of the fastest-growing startups we’ve seen in the mobile era. They’ve grown from $0 to $1 trillion in annual payments processed within just 14 years. This is especially impressive given that they entered a highly competitive industry dominated by giants such as Mastercard, Visa, PayPal, and American Express. Yet, despite the odds, Stripe managed to grow to a valuation of nearly $100 billion. Their secret was simple: going after a different target market. They tailor-made Stripe to be extremely easy to use for developers. In fact, you only needed 7 lines of code to integrate Stripe into any website. Nowadays, they even have no code options. Aside from simplifying the integration process, Stripe targeted smaller websites and local stores that the bigger players generally overlooked. And as these businesses exploded in popularity, so did Stripe. This video explains the insane rise of Stripe and how Stripe became one of the most successful startups in the world.
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Timestamps:
0:00 - Stripe
1:15 - Humble Beginnings
4:38 - The Genius Of Stripe
7:24 - Organic Growth
9:26 - Stripe’s Secret Sauce
Resources:
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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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24 июл 2024
