John Collison
John Collison
John Collisonis an Irish student and entrepreneur. He is most well known for having co-founded Stripe with his brother Patrick Collison...
NationalityIrish
ProfessionBusinessman
CountryIreland
nature tend
Marketplaces by their nature tend to grow faster than most other companies.
bay coming equivalent far hard quite
Coming from Ireland, it's quite hard to do a startup because you're culturally so far away from what everyone else is doing. In the Bay Area, it's much easier. It's the equivalent of an actor or actress moving to Hollywood.
computer connected easily global information internet network reach system testament transfer works
The Internet is a testament to a connected system that works - it's a global network where any computer can reach another, and easily transfer information across.
cared extremely found four hard hired people slowly stripe sure took year
We hired extremely slowly at the beginning. It took us a year to get to four people. It's hard to hire as a very small company, and we wanted to make sure we found people who cared a lot about what Stripe was doing.
best businesses care cheap integrate mobile offer people send simple website whereas
With PayPal, you have to send people over to their website... whereas with Stripe, we offer a way to integrate payments into the website, on the website or into a mobile app. That is what all the best businesses care about, so we make it very easy, very fast, very simple and very cheap to do this.
starting-out nimble size
Help each user personally. Sure that won't scale to a very large size, but when a startup is just starting out, it really helps you have an advantage as a small and nimble company.
stripes online hard
Stripe really did come about because we were really appalled by how hard it was to charge for things online.
moving hollywood bay-area
Coming from Ireland, its quite hard to do a startup because youre culturally so far away from what everyone else is doing. In the Bay Area, its much easier. Its the equivalent of an actor or actress moving to Hollywood.
example selling advantage
One of the really fascinating areas is marketplaces that take advantage of mobile devices. Ridesharing is the obvious example, but that's just the start of it, of selling goods and services with lightweight mobile apps.
stripes legacy cards
Stripe is building payment infrastructure for the Web, so we make it easy to accept credit cards online. Before Stripe, the way youd do this is using the legacy banking structure. It was slow, it was complex, it was expensive. It had this very chilling effect on e-commerce.
technology ideas people
Our idea with starting Stripe was to build better payments technology for people building things on the web.