Thought Food

How Two Brothers Turned Seven Lines of Code Into a $9.2 Billion Startup

Bloomberg reports that for years now, the explosive growth of e-commerce has outpaced the underlying technology; companies wanting to set up shop have had to go to a bank, a payment processor, and “gateways” that handle connections between the two. This takes weeks, lots of people, and fee after fee. Then in 2010, Patrick and John Collison, brothers from rural Ireland, began to debug this process. Now… These same guys from Stripe are teaming with Amazon to grab even more control over the global flow of commerce.

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