Stripe has added new support for payouts, announced on the Stripe company blog.  Payouts enable businesses to automate sending money through Stripe to bank accounts of third-party recipients.  These new features are especially useful for marketplaces, which have recently reached new levels of demand because of both smartphones and the so-called share economy.  The new payout […]

On Quora and elsewhere, the question I get asked most often about Y Combinator is… “Who’s the next Dropbox or Airbnb?”  I’m now confident enough to call it: Stripe is the next Dropbox or Airbnb. Stripe is very popular with developers, a good indicator for Google-like success.  And like Airbnb, Stripe presumably makes money from every transaction.  I admittedly […]

Financial services and payment processing comprise well over a dozen of the companies funded by Y Combinator.  Balanced, WePay, and Stripe have all recently announced new products for businesses. Balanced has added support for bank payments to its API, as reported by TechCrunch’s Ryan Lawler.  This new functionality enables third-party developers to create web forms […]

Stripe continues to simplify taking payments over the web.  Stripe’s company blog has recently announced three new innovations: a transfers dashboard for merchants, a new “payment experience” called Stripe Checkout, and the jQuery.payment credit card interface.  The Transfers Dashboard gives sellers a detailed history of funds paid into their bank account.  Stripe Checkout replaces the hassle […]

Corporations in the high-tech industry spend millions of dollars every year in Washington, D.C.  That money is spent on influencing politicians to change the laws that affect those companies’ agendas.  Big corporations need not be only ones to profit from public policy, though.  Businesses of all sizes can hack potential growth simply by paying attention […]

37 YC Funded Companies Valued Over $40m is a post I wrote about a month ago.  Six of the 37 companies valued over $40 million dollars were exits.  I omitted any guess as to the remaining 31 companies.  Since writing that, I’ve noted exits of seven additional companies.  I’ve also done some quick research as to […]

Y Combinator has added four new part-time partners, one new full-time partner, and a full-time partner is reducing his role to part-time.  That’s all according to a post on the official Y Combinator blog at Posthaven.  Three of these new advisors have previously founded YC-funded startups.  One of the new advisors is the first YC […]

Health in the new year is on a lot of peoples’ minds as we enter 2013.  Two interesting articles recently about YC-funded healthcare startups drchrono and Eligible. drchrono is building out a new service called onpatient, reports TechCrunch.  Onpatient seeks to be the de facto online source for patient medical records and integrates with drchrono.  drchrono (YC […]