- Great Way
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- Nov 07, 2020
Patrick Collison Quotes
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- Last Updated on May 30, 2021
- Difference
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- Nov 07, 2020
I actually made a website called Y2 Combinator, which was the Y Combinator that starts Y Combinator clones. There's a very clear difference in the quality between the companies that come from YC and the companies that don't.
- Business
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- Nov 07, 2020
It's very possible that advertising business models will simply never do as well on mobile devices as those oriented around transactions.
- Ideas
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- Nov 07, 2020
When Facebook famously moved out to Palo Alto, there were people in the same house Facebook was based in working on different ideas. It is vital to remember that.
- Credit Card
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- Nov 07, 2020
Stripe makes it easy for anyone, be it an individual or a small business or a large business, to accept credit card payments on the Internet. We want to give control to the user or the business to define what the experience looks like. We work on a website or a mobile app, or whatever between that.
- Internet
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- Nov 07, 2020
One of the important lessons of the Internet is, how easy it is to get things done completely shapes what gets created. For that reason, technologies like Amazon's cloud service are very important. Even if they aren't technically impressive, they make things easy to do.
- Big
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- Nov 07, 2020
The part of Stripe that I've always found most interesting is the idea of facilitating new commerce that wouldn't otherwise happen. Payouts is turning out to be a big part of that. These new networks are efficient, intelligent replacements for offline behemoths.
- Doing
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- Nov 07, 2020
I watch virtually no TV. All my screen time is computer time for me. When I'm not doing that I'm reading or talking to my friends who I got to know through computers.
- Goal
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- Nov 07, 2020
Our goal definitely isn't to sell Stripe.
- Large
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- Nov 07, 2020
At most large companies, what is locally optimal for you is very frequently not what is globally optimal for the company.
- More
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- Nov 07, 2020
Being a public company certainly doesn't stop you from taking a really long-term time horizon, but it does make it more difficult.
- Myself
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- Nov 07, 2020
One of the first major programming projects that I worked on when I was growing up in Ireland, back just coding by myself, was a programming language. Then I spent a bunch of time working on a new web framer. Just back-end things to make it easier to go in and build things on top of, do other development.
- Future
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- Nov 07, 2020
I think that Stripe generally is comprised of the kind of people who believe in technology or are kind of optimistic about its effect and want to have whatever future it's leading to happen.
- Fashion
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- Nov 07, 2020
If you're building a consumer app, you're necessarily coupled to the intrinsic time cycle of human fashion in that it's a fashion-driven space, and we see that in the cycle of these various apps. I think for infrastructure that that just naturally tends to play out over a longer time horizon.
- Myself
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- Nov 07, 2020
I myself am not religious, but yes, I certainly grew up in a very Catholic environment.
- People
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- Nov 07, 2020
Silicon Valley does not breed great technology. Instead, the smartest people from around the world tend to move to Silicon Valley.
- Money
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- Nov 07, 2020
I started Stripe with my brother John Collison while we were in school together. We first started off building iPhone apps together and using the money we made from them to pay our tuition.
- Family
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- Nov 07, 2020
It's a common case with high-growth startups where the co-founding team breaks up - generally, it's hard to get the team to persist. It's easy to stick with it when you have known the person for decades either as a friend or family.
- Nov 07, 2020
It's inevitable that tough situations will come up, but it's how you react that is the challenge.
- Most
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- Nov 07, 2020
One phrase we use at Stripe is, 'Most tech companies are building cars. Stripe is building roads.'
- Internet
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- Nov 07, 2020
I grew up in very rural Ireland. The Internet was kind of a connection to the greater world. It had a lot of significance.
- Computers
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- Nov 07, 2020
It was very clear, if you grew up in the middle of Ireland, just how potent a force the Internet was and could be. I was always seduced by the potency of computers and the possibilities for which they could be leveraged.
- Business
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- Nov 07, 2020
The promise of the Internet is around this transcendence of physical geography. To a large degree, the Internet has delivered on that promise, but when it comes to the movement of money and the ability to start and operate a business or needing to purchase from a business, it really hasn't.
- Good
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- Nov 07, 2020
We presumably believe that most of the technological progress over the arc of humanity to date has been good. I don't see any argument to go back to 1600.
- Demanded
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- Nov 07, 2020
There is a higher degree of operational excellence and rigor demanded of Stripe than of most companies.
- Getting
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- Nov 07, 2020
There is really an issue in Silicon Valley with companies getting a bit ahead of themselves in terms of their own self-perception of their own success.
- Long
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- Nov 07, 2020
'Entrepreneur' is a long, fancy French word, but it didn't seem like something you aspire to. It seemed normal, because whatever your parents do seems normal.
- People
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- Nov 07, 2020
When you talk to people who are old, some wish they had enjoyed themselves more, but not many wish they had wasted more time.
- People
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- Nov 07, 2020