Businesses on Stripe rank access to capital as their biggest obstacle to growth. Traditional lenders aren’t set up to serve internet businesses, requiring lengthy applications, collateral, and fixed payment schedules. Stripe Capital cuts through the red tape.
I guess one has to ask - does this put the revenue sharing VCs at risk?
Report
@andupotorac Different businesses. In VC you hunt for the 0.001% while this is meant for business who generate predictable cash flow (based on the payment data Stripe has) and are looking to grow without involving banks (which usually are risky + require some sort of guarantee and take a lot of time and effort). So NO the VCs will most likely not be affected by this. BUT this is great for those SaaS businesses (and others of course) stuck in the middle of being VC fundable and lifestyle businesses. Hope that it was helpful!
Replies
Fodeli
Remotehour
Playeasy
Checkeeper