I think one of the most interesting things here is that this investment comes "as part of a new fund they’ve created for businesses on Stripe." This certainly sends a different signal to third-party applications than the signal Twitter was sending. If I had an idea to build on top of Stripe, I'd feel pretty good about that right now. Smart move.<p>Also, congrats Josh!
Congrats Josh!<p>I think I like this model of investment a lot for a company like Stripe. Rather than trying to copy or buy Baremetrics and add that to the list of things Stripe would need to focus on, invest in someone who spend all day every day worrying about only how to make that thing the best it can be. Keeps all of the incentives nicely aligned for both Stripe and Baremetrics.<p>I would think Baremetrics probably should grow to include other payment system integrations. However, I think as long as Stripe continues focusing on being the best option available for what they provide, choosing to invest in the eco system around them like this seems like a great way to grow the business as a whole vs. spending the same money on making their own product bigger.<p>I also like it from Baremetrics point of view that Stripe is now invested in them for the obvious and already stated reasons.
> Will this work with non-SaaS businesses?<p>> At this point, not really. Right now Baremetrics is focused primarily on providing analytics and metrics for SaaS businesses with recurring billing.<p>This seems odd to me. I don't see why any business which has recurring billing wouldn't benefit from Baremetrics.
Congratulations Josh! I'm excited by the prospect of a dedicated VC fund specifically for Stripe ecosystem companies. That sets a fantastic tone for future products built on Stripe's APIs.
Any reason why Stripe can't offer analytics themselves ?
Its nice way to fool customers. First create own product , then ask few friends to create another product based on own product , create environment showing yeah we are investing then acquire friends product increasing valuation and creating false hype. Do the IPO and then Profit.
What a nasty way to gain attention.