He did a great job with the interview. I think Stripe will be the next big YC company, on the list with Heroku, Dropbox, and Airbnb.
I always find it a bit odd though, the claim that before Stripe you had to have a merchant account. I've signed up (on behalf of various projects) for PayPal's "Web Site Payments Pro" a half dozen times. It doesn't require a merchant account, the setup is quite quick, and it has a very simple API ("NVP"). It's pretty much everything Stripe is except less polished, with a slightly slower setup, and a $30/mo fee (insignificant for all my projects).
I'll definitely choose Stripe next time though just because they're at least 20% more polished on all fronts and I like them a lot more than PayPal. I can't help wondering whether they just didn't know about PayPal's product or they're ignoring it for marketing purposes.
I always find it a bit odd though, the claim that before Stripe you had to have a merchant account. I've signed up (on behalf of various projects) for PayPal's "Web Site Payments Pro" a half dozen times. It doesn't require a merchant account, the setup is quite quick, and it has a very simple API ("NVP"). It's pretty much everything Stripe is except less polished, with a slightly slower setup, and a $30/mo fee (insignificant for all my projects).
I'll definitely choose Stripe next time though just because they're at least 20% more polished on all fronts and I like them a lot more than PayPal. I can't help wondering whether they just didn't know about PayPal's product or they're ignoring it for marketing purposes.