How Two Irish brothers 7 Lines of Code Turned Into a $36 Billion Empire
Two Irish brothers in their 20s outplayed the finance industry with seven lines of code On June 24 last year, Patrick Collison, the co-founder of Stripe, posted a Tweet saying Hit our engagement metrics this weekend! The Tweet was accompanied by an engagement ring — which explained the kind of metrics Patrick was talking about. Suhail Doshi, the founder of Mixpanel, was quick with a response: That’s one way to increase user retention. Yeah, it’s safe to say these guys have a great sense of humor. Which isn’t surprising, considering their seemingly absurd solution to online payments. Instead of chasing 1000-hour programming contracts to build clunky payments solutions for each individual client, the Collison brothers built 7 lines of code that developers could simply plug into their websites. The result is Stripe — a company that has more cash than it knows what to do with. Here are the two main reasons why this worked so well. 1. They empowered develo...