Founders Build Roads, Not Cars | Patrick Collison + Derek Andersen

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Patrick Collison is the CEO and co-founder of Stripe, the technology company that expands internet commerce by making it easy to process transactions from anywhere. After experiencing firsthand how difficult it was to set up an online business, Patrick and his brother John started Stripe in the fall of 2010. Their goal was to make accepting payments on the internet simpler and more inclusive. Today, the 500-person (and growing) Stripe-team processes billions of dollars a year for hundreds of thousands of companies, from Fortune 500’s to upstarts. Stripe’s vision is to create a world in which an entrepreneur’s success is no longer determined by geography or personal means, but on the promise of their idea. Stripe most recently launched Atlas, a toolkit for starting a global internet business from virtually anywhere in the world. Earlier this year Patrick joined President Obama in Havana in March to open Atlas to Cuban entrepreneurs, and was soon after named a Presidential Ambassador for Global Entrepreneurship. Prior to Stripe, Patrick co-founded Auctomatic, which Live Current Media acquired for $5 million in March 2008.
Derek Andersen ​is the Founder & CEO of Startup Grind, a 400,000 person entrepreneurial community with 200 chapters in 85 countries run by more than 1,000 volunteers. Startup Grind's mission is to help every entrepreneur in the world. It's core values are giving before you take, helping others first, and making friends. Derek Andersen spent four years in product management at Electronic Arts working on games like The Godfather, Burnout, The Sims 3, and Mirror’s Edge. He left EA in 2009 to start Vaporware Labs, a product incubator which mostly failed but built products including Commonred which was acquired by Income.com in 2012, and Startup Grind. After running Startup Grind as a side project for 2 years, Derek turned his full attention to scaling it from 3 chapters to 200 chapters today. In 2015 Startup Grind will host 1,200 events for 75,000 entrepreneurs. He currently lives in Palo Alto, California but has lived eight years outside the U.S. in France, Germany, Switzerland, New Zealand, and the Cook Islands.
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[@SamuelHauptmannvanDam]

It really hurts how smart this guy is.

[@vimalcurio]

Why it hurts?

[@jpgmccabe]

That Dude has a high level of functionality! Impressive!

[@chirag2819]

Timeless advice, great way of saying. sell shovels, rather then digging gold.

[@ScottTaylor]

Great watch - thank you. Patrick and his brother (and the rest of the team) have done a phenomenal job. Solid advice for any aspiring entrepreneur.

[@StartupGrind]

In fact, his brother is joining us for the Europe conference! -> startupgrind.com/europe/

[@letsgosean]

Atlas is amazing. I love everything about Stripe.

[@harshsikka]

Working on an interesting computational biology tool, and stripe sets an excellent example for all of us!

[@seriesz_xyz]

Very nice

[@jontakaki503]

It will be interesting to see how they will dominate worldwide transaction processing despite the advancement of blockchain technology and the promise of decentralisation. It would be interesting to know how they are plotting their next move..

[@starmaker0.054]

21:00 - 21:42 major key

[@StartupGrind]

🔑🔑🔑

[@DheerajBhaskar]

How come there are no comments down here? Um, should I just say "first"? :-D

[@StartupGrind]

Works for us! :)

[@nallapriyanka8217]

We need more information about stripe company

[@conordunne4424]

Kind of disappointed you wouldent be able to tell that this man is Irish, from a very heavily accented part of the country as well yet he sounds like he’s lived in America his whole life, I get that he’s spent a lot of time there but it still doesn’t make sense

[@colors6692]

Sounds perfectly Irish to me, not every Irish person has a working class/Dublin/culchie accent!!

[@wrichman89]

I know the whole video was around the theme of roads, not cars, but is there a particular segment that addresses it best?

[@quintacaylor1382]

32:42-end Specifically Patrick's response at 32:55 (I think)

[@khlebasmike]

Second 😂

[@StartupGrind]

Dang, we were late on this one, huh?

[@charlesjavelona3634]

Third