We're happy to announce that @clerkyinc has agreed to join @stripe!
We started Clerky more than a decade ago because we believed startups and their attorneys should be able to get routine startup paperwork done quickly, easily, and without causing problems for legal due diligence. As startup attorneys in Silicon Valley, we saw how our clients would try to get paperwork done faster and cheaper, but ended up paying us more in the end to fix everything. We started Clerky to provide the experience our clients were looking for, but with our legal expertise built into the products.
Today, Clerky is the most popular online legal service for top startups and their attorneys. Clerky startups account for 23% of all Silicon Valley seed / pre-seed financings and have raised over $140 billion in aggregate venture capital. Hundreds of attorneys and paralegals are working with their clients on Clerky. Startup formation on Clerky grew 6.5x faster in the past year than our historical average. Along the way, weβve gotten to know many platforms in the startup ecosystem, including Stripe. The more we got to know the team at Stripe, the more we found similarities, not only between our culture and beliefs, but also in our shared mission to help the startup ecosystem.
As a part of Stripe, Clerky will continue to build on this momentum with the same team and the same focus we've always had: helping high-growth startups and their attorneys get routine legal paperwork done safely. And weβll continue providing the same high level of service to startups and attorneys that we do today.
We know that startups trust us with their most important legal paperwork and rely on us in their most important moments. Stripe has spent over 15 years building infrastructure that startups depend on and is one of the most startup-aligned companies in the world. With this strong fit, we're very excited for Stripe to be our long-term home.
Thank you to all the startup founders and attorneys that have been a part of our journey to date. We all want life to be easier for startups, and your support has always been critical in enabling our work toward that. We'll now have more resources to leverage in building new products and features for you, and we can't wait.
spacex will start a massive price war to scoop up new customers
their cost of terrestrial deployment is lower (starlink terminals on the ground can broadcast cell service)
their cost of capital lower (bc of Elon)
their cost structure is just massively lower which lets them underprice the competition
@SawyerMerritt@Starlink best part is that this will be massively more capex efficient than the incumbents
they wont have to build out cell towers since the starlink terminals already on the ground can broadcast cellular service, making the rollout much faster
best part is their cost structure for terrestrial is dramatically lower, which will let them underprice the competition
they wont have to build out cell towers since the starlink terminals already on the ground can broadcast cellular service, making the rollout much faster and more capex efficient
Not mentioned: SpaceX is building a terrestrial cellular network that would compete directly with Verizon, AT&T, and T-Mobile
they'll leverage Starlink terminals already on the ground to broadcast cellular service, making the rollout much faster and more capex efficient than building a traditional network from scratch
$VZ $T $TMUS moving lower after hours
We posted our second quarter 2026 financial and operational results β https://t.co/YCRzq6gSV3
Q2 highlights:
- Demonstrated the power of extreme vertical integration, delivering revenue growth of 92% year-over-year across Space, Connectivity, and AI
- Completed two successful Starship V3 flight tests in the past 90 days, advancing towards full and rapid reusability
- Closed multiple industry-leading Cloud Services Agreements resulting in $14.1 billion of contracted sales
- Announced agreement to acquire Cursor for $60 billion to accelerate the AI enterprise opportunity
- Released our most powerful AI model yet with Grok 4.5 in July
- Delivered 66% revenue and 79% income from operations growth year-over-year for the Connectivity segment, driven by a doubling of Starlink Subscribers and continued momentum in Enterprise & Government
- Awarded over $6 billion in multi-year U.S. government contracts for Starshield
As compared to the same quarter last year:
- Revenues of $7.8 billion, up 92% from $4.1 billion
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
- Adjusted EBITDA of $3.5 billion, up 191% from $1.2 billion
Thank you to the SpaceX team, and all our customers and investors for a great quarter!
Introducing Marble (YC S26) β the autonomous back of house for restaurants.
If you own or have worked in a restaurant, you know: 5% margins, and the whole back of house still runs on a clipboard and whatever the GM remembers.
Marble counts your stock in minutes with computer vision and forecasts what each location will actually sell. Then, a set of AI agents manage ordering, food prep, scheduling, and much more on autopilot.
Live today across some of the top restaurant groups in the US and Canada, learn more at https://t.co/z7fUZE9kqj
P.S Know a restaurant owner? Show them Marble and get $500 or an Oura Ring