{"id":13826,"date":"2021-02-10T02:30:43","date_gmt":"2021-02-10T07:30:43","guid":{"rendered":"https:\/\/digital.hbs.edu\/platform-digit\/submission\/stripe-increasing-the-gdp-of-the-internet\/"},"modified":"2021-02-10T02:30:43","modified_gmt":"2021-02-10T07:30:43","slug":"stripe-increasing-the-gdp-of-the-internet","status":"publish","type":"hck-submission","link":"https:\/\/d3.harvard.edu\/platform-digit\/submission\/stripe-increasing-the-gdp-of-the-internet\/","title":{"rendered":"Stripe: Increasing the GDP of the Internet"},"content":{"rendered":"

As the pandemic raged, society was forced to conduct much of the commerce we have grown accustomed to doing in person, via the internet (during the early stages of the pandemic we went from doing 11% of commerce online to 16%). While many vertical commerce providers have undoubtedly thrived, it is difficult to think of a company better positioned than Stripe to benefit from a pandemic tide that lifts all internet commerce boats.\u00a0<\/span><\/p>\n

\"Ecommerce<\/a><\/p>\n

Stripe is an online payments solution, and the most valuable private technology company in the United States. It is also one the least understood highly successful mega unicorns of the past decade. Stipe began as a pure online payments facilitator focused on making it easier for new and small companies to accept payments online. It is has since expanded into a variety of new and adjacent business areas including:\u00a0<\/span><\/p>\n