Used Clerky ten years ago to make my company. Great experience!

Oh awesome! I love Stripe Atlas overall for the fast/excellent UX, but Clerky supports PBCs and a higher degree of customization (eg useful for incorporating for https://manifest.is since we had previously agreed on an informal equity split with a bunch of people).

Hoping that now they'll have the best of both worlds!

Clerky is great, Stripe is really buying all of the great product companies. I feel like with Clerky and Stripe Atlas they, Stripe now controls all of the early incorporation infrastructure now. This feels deeply problematic.

• georgel

  yesterday at 11:19 PM

  > controls all of the early incorporation infrastructure

  You don't need to rely on Stripe to do anything. There are other payment gateways, and you can file things yourself (or hire someone).

  Do they make things very easy and accessible for a smaller fee than doing it yourself, yes.

  • brianwawok

    yesterday at 11:35 PM

    In fact Atlas and their push to be a C-Corp is a bad play for us small timers

What’s with all these acquisitions? Stripe realizing it’s going to slowly become PayPal 2.0 because infinite growth doesn’t exist?

• hibikir

  today at 1:47 AM

  Doing just payments is a really low margin industry, and the larger the contract you are after, the lower the margins. Therefore, it makes a lot of sense to try to sign up startups, as their growth is your growth. And to win in the startup market, you don't win by lowest costs, but by how much generic work you can save them. Cut their headaches, and they'll be happy giving you a wider cut.

  Thus, a million little acquisitions to make the possible Stripe bundle for small companies stronger, as they become the moat. The opposite of, say, the Adyen play, when you want to lower your own costs, and make money on tiny margins to do processing for really large companies.

  • benatkin

    today at 2:32 AM

    AI is making it a low-moat industry too. It's a lot quicker to build some API docs, a behavior tracking JavaScript library, and some fraud detection, with LLMs.

• testbjjl

  today at 2:30 AM

  I think about their IPO and what seems and likely still is a promising offering seems a little less so with AI offerings. I also wonder if these businesses, suffering from the same AI uncertainties are a good value?

• fny

  today at 4:52 AM

  I think the aim is to become the agent for commerce.

• vxxzy

  today at 2:31 AM

  we will soon be in the last month of q3

Huge congrats to Clerky. They've been doing thins for a very long time, and have awesome support + a solid product (that just... does what it's supposed to do). Congrats Darby and team!

• swampthing

  today at 4:38 AM

  Thank you Gregory! I've always been a fan of ReadMe too :)

+1 to Clerky being a great product. Was super useful for us when incorporating and after as well

• swampthing

  today at 12:11 AM

  Thank you!

  • written-beyond

    today at 2:57 AM

    Chose Clerky over Atlas, never regretted a thing. I recommended it to everyone, pushing through atleast 3 more founders.

Congratulations to Darby, Chris, and the team!

Clerky is an absolutely amazing product and the team there are equally as amazing.

• swampthing

  yesterday at 11:20 PM

  Thank you, and thank you for being a part of our journey!

I think Stripe is looking at companies using their services and identifying companies to acquire. This reminds me of Facebook looking at data from pixel data to identify apps with heavy usage they could acquire.

I thought Atlas was pretty comparable to Clerky.

What does Clerky do that Atlas doesn’t to justify the acquisition?

• written-beyond

  today at 2:57 AM

  Have customers and marketing

  • kaonwarb

    today at 3:45 AM

    R.e. customers: Atlas accounts for a quarter of Delaware incorporations (https://x.com/jeff_weinstein/status/2023891497792532950?s=20). But yes, Clerky does have additional capabilities, as others point in.

I really can't bring myself to put myself behind stripe. Maybe it's because of how the Paypal people turned out. Maybe it is just a dirty business to be in.