Stripe: Patrick and John Collison

How I Built This · 7 May 2018 · 41m

What this episode covers

Patrick and John Collison, founders of Stripe, explain how they identified the friction in online payments and built a developer-focused API to solve it, starting with a prototype in 2009 and launching publicly in 2011. They discuss overcoming investor skepticism by partnering with Peter Thiel, navigating complex financial regulations, and building relationships with banks to create a scalable payment infrastructure for companies like Lyft and Shopify. In a separate segment, Robert Armstrong, founder of G Mommas, describes turning his grandmother's cookie recipe into a commercial product, detailing the challenges of scaling from home baking to industrial manufacturing and securing retail distribution in the Southeast U.S.

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