Stripe had no experience in the payments domain, was not founded by US citizens, and faced regulatory barriers specific to non-citizens, all of which further complicated an already crowded, competitive market.
factualpending
Speaker
Patrick CollisonEvidence Quote
“we had no experience in the domain we were very young we we weren't even us citizens and you know an ecosystem that again just because the regulatory dynamics you know that's a bad further complication”
Source
Patrick Collison: Philosophies for Running Stripe, Hiring, Decision Making, and Reading— The Knowledge Project PodcastCreated: 8/10/2026, 11:17:01 PM
My Notes
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