📣 announcement:
all stripe @atlas companies now get 50 million free @OpenAI credits*
available in your dashboard at https://t.co/K8FueupaN1
* that’s enough to ask the magic robot 375 novels worth of prompts. (50M credits * ~750 words per 1K credits / ~100K words per novel)
Hiya! I’m an engineer on @stripe@atlas. A quick deep dive on the surprisingly complex (and interesting!?) minutiae of company names.
Here's a behind the scenes of how we help founders *not* know all nerdy details of the State of Delaware and the IRS... 🧵
💌
to: founders
cc: internet
subject: [changelog] @stripe@atlas
We’ve made a bunch of improvements to starting an internet company:
- Company name search
- Visual cap table
- Sign docs with one click
- ETAs
- Faster EINs
- Pre-filled 83(b)
- Free payments
- Perks
- More access
What do you wish you (and your founding team) did wayyy before officially incorporating your company?
Like, stuff you should have thought about, mistakes you made, conversations you should have had, decisions that mattered, or anything else you’d recommend to your former self?
💸 What should be a lot easier about raising your very first round of funding? Or, other prompts:
- How was it surprising?
- What was laborious?
- Tips for a new founder?
- Interesting sources of capital?
- Helpful links you read/watched?
- Anything do you regret or was unfair?
ARR.
Annual RECURRING revenue.
Most ecom, advertising, media, marketplaces, and, well, most everything that isn't enterprise SaaS (tons of exceptions tho) are not ARR.
Yet, most companies raising $$$ use ARR.
.@Ankorstore is a special company disrupting wholesale trade. Excited to work with this team to transform independent retail in Europe and beyond! @ndaudiffret @nicolascoh @piloulacoste & mathieu. @AllisonCXu https://t.co/B2mF3YgRhG
"The embedded fintech movement has just begun, but there is already a sister concept percolating: embedded procurement." Our own @merritthummer writes about how embedded procurement will make every company its own marketplace ⬇️⬇️
https://t.co/TR0CZFaNmX via @techcrunch
ICYMI @merritthummer and @AllisonCXu were featured in @BoweryCapital's recent B2B Marketplaces Interview series sharing why we're so keen on the space, what led us to invest in Material Bank, marketplace empowerer @Mirakl, and much more: https://t.co/BD7QUrIcH8