[On one of the reasons they have a 7 day payout period]
We were not willing to compromise on the experience of going to Stripe, deciding "OK, Stripe looks good, I will sign up.", and then can launch right there and then.
What a great, focusing vision for a product experience.
I have also been impressed with how responsive Stripe is to feedback. In the interview Patrick gets excited about a new webhook for payment transfers that the interviewer recommends. Knowing Stripe, it is probably already implemented.
In the interview he explains that they did not go through a proper YC batch because "the timing didn't really work out". They had been through the process before and he had got to know pg well. Hope that helps!
I didn't think they were in one of the batches (haven't seen the usual YC'whatever badging on any of their posts' titles here). Their job post from a while back (http://news.ycombinator.com/item?id=3099362) does list YC as an investor, though.
Edit: Patrick's previous startup, Auctomatic, was in YC W'07 I think. Maybe that has something to do with it.
Listen at 13.40, he mentions that although first funding came from YC they didn't go through a YC batch - Patrick had previously been a YC member with another startup: "Auctomatic".
Harj and I did Auctomatic in Winter 07. We merged with Patrick just after YC. Harj is now a YC Partner. I did YC for the second time this summer with Tagstand.com.
We were not willing to compromise on the experience of going to Stripe, deciding "OK, Stripe looks good, I will sign up.", and then can launch right there and then.
What a great, focusing vision for a product experience.
I have also been impressed with how responsive Stripe is to feedback. In the interview Patrick gets excited about a new webhook for payment transfers that the interviewer recommends. Knowing Stripe, it is probably already implemented.