Patrick Collison Quotes

Patrick Collison
Patrick Collison
Irish Businessman
Born: Sep 9, 1988
Companies Had Internet People Time You
Related authors: Alexander Turney Stewart David Perry John Collison Martin Naughton Sean Quinn
It's inevitable that tough situations will come up, but it's how you react that is the challenge. Patrick Collison
You Challenge Will Tough Inevitable Come React How Up Situations
Square is turning informal, cash transactions, like you would do with a taco truck, into card swipes. Stripe is more for the Internet, it's focused on the kinds of transactions that weren't possible years ago. We think about how you would buy things from a mobile phone, crowd-funding, how should that work. Patrick Collison
Work Buy You Phone Internet Think Stripe Focused Possible Would Kinds About Cash Taco More Truck Like How Were Years Years Ago Mobile Square Transactions Informal Turning Should Card Things
In life, in the media, and everything, people focus way too much on founders. Patrick Collison
Life People Too Much Focus Too Everything Way Much Media Founders
Silicon Valley does not breed great technology. Instead, the smartest people from around the world tend to move to Silicon Valley. Patrick Collison
Great Technology People World Valley Silicon Silicon Valley Tend Instead Smartest Around Does Move Breed
There is really an issue in Silicon Valley with companies getting a bit ahead of themselves in terms of their own self-perception of their own success. Patrick Collison
Success Own Valley Bit Silicon Silicon Valley Terms Issue Getting Themselves Really Companies
'Entrepreneur' is a long, fancy French word, but it didn't seem like something you aspire to. It seemed normal, because whatever your parents do seems normal. Patrick Collison
You Entrepreneur Word Long Parents Whatever Seem Seemed Seems Something Like French Because Normal Fancy Your Aspire
In 2007, there weren't any other accelerators, at least that I was aware of. We were almost the prototypical Y Combinator founders: We were highly technical but had never done a startup before. We also didn't know anyone in the Valley - investors, other entrepreneurs, potential hires. YC seemed like a great way to bootstrap that network. Patrick Collison
Great Before Startup Other Valley Way Seemed Network Potential Entrepreneurs Never Had Investors Almost Highly Like Know Also Great Way Least Were Any Done Anyone Aware Technical Founders
I actually made a website called Y2 Combinator, which was the Y Combinator that starts Y Combinator clones. There's a very clear difference in the quality between the companies that come from YC and the companies that don't. Patrick Collison
Website Quality Made Starts Clear Between Come Very Difference Which Companies Actually
It's very possible that advertising business models will simply never do as well on mobile devices as those oriented around transactions. Patrick Collison
Business Will Those Possible Never Simply Devices Well Advertising Around Mobile Very Models Transactions Oriented
Stripe makes it easy for anyone, be it an individual or a small business or a large business, to accept credit card payments on the Internet. We want to give control to the user or the business to define what the experience looks like. We work on a website or a mobile app, or whatever between that. Patrick Collison
Website Work Business Experience Internet Whatever Control Define Stripe Easy Give Small Small Business Individual Between Like Looks Accept Makes Mobile Want Anyone App Payments User Large Credit Card Credit Card
Our goal definitely isn't to sell Stripe. Patrick Collison
Our Stripe Definitely Goal Sell
At most large companies, what is locally optimal for you is very frequently not what is globally optimal for the company. Patrick Collison
You Locally Most Globally Frequently Optimal Very Companies Large Company
One of the first major programming projects that I worked on when I was growing up in Ireland, back just coding by myself, was a programming language. Then I spent a bunch of time working on a new web framer. Just back-end things to make it easier to go in and build things on top of, do other development. Patrick Collison
Time Myself Language First Build Programming Other Programming Language Back Top Projects Spent Easier Web Development New Major Make Go Up Ireland Bunch Just Then Worked Working Growing Growing Up Coding Things
I think that Stripe generally is comprised of the kind of people who believe in technology or are kind of optimistic about its effect and want to have whatever future it's leading to happen. Patrick Collison
Future Technology People Whatever Believe Think Stripe Kind About Generally Leading Effect Optimistic Want Happen Who
If you're building a consumer app, you're necessarily coupled to the intrinsic time cycle of human fashion in that it's a fashion-driven space, and we see that in the cycle of these various apps. I think for infrastructure that that just naturally tends to play out over a longer time horizon. Patrick Collison
Time Fashion You Space Building Think Apps Out Intrinsic Horizon See Various Tends Consumer Longer Over Coupled Human Just Infrastructure Cycle App Naturally Play Necessarily
I grew up in very rural Ireland. The Internet was kind of a connection to the greater world. It had a lot of significance. Patrick Collison
World Internet Significance Kind Rural Had Greater Lot Up Ireland Very Grew Connection
There is a higher degree of operational excellence and rigor demanded of Stripe than of most companies. Patrick Collison
Degree Stripe Rigor Excellence Higher Demanded Most Operational Than Companies

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