VC vs. bootstrapping and how to build big things with a small team
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Description
Today I'm visiting Stripe's office in San Francisco to chat with Patrick Collison and Courtland Allen, shortly after they announced their latest round of funding, valuing the company at a whopping $20B. Patrick Collison is the CEO and co-founder of Stripe, an ambitious company aiming to increase the GDP of the internet. The now 1,300 person company was started in 2010 by Patrick and his brother, John Collison, at the age of 23 and 21, respectively. Courtland Allen is a super talented designer and developer. In 2016 he founded Indie Hackers, an awesome community of bootstrappers and makers sharing their stories. Nine months later Stripe acquired the company. Courtland is also a Y Combinator alumnus and an MIT graduate with a degree in Computer Science. In this episode we talk about: * Patrick and Courtland's role models when they were building their businesses, and how the right role models today can help build a more inclusive tech ecosystem. * The influence of Indie Hackers on Stripe and why even with the great tech for online communication today, some of the best interactions between its community members happen at meetups. * Why Stripe started a book publishing business (in 2018) and the reading habits of Patrick, Courtland, and others at Stripe. We of course also talk about some of their favorite products including a product to tell you how you sleep, helpful tools for building your next app, and some “oldies-but-goodies” that you might have forgotten about.
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