We discuss:
- what it takes to process $1 trillion/year
- how to build multi-decade APIs, companies, and relationships
- what's next for Stripe (increasing the GDP of the internet is quite an open ended prompt, and the Collison brothers are just getting started).
Plus the amazing stuff they're doing at Arc Institute, the financial infrastructure for AI agents, playing devil's advocate against progress studies, and much more.
Transcript: https://www.dwarkeshpatel.com/p/patrick-collison
Apple Podcasts: https://podcasts.apple.com/us/podcast/patrick-collison-stripe-ceo-craft-beauty-the-future/id1516093381?i=1000646268840
Spotify: https://open.spotify.com/episode/0CN45zb7saXUjlVuUtmbEZ?si=kHwGCph2Sg2M9w5HSglzGw
Follow me on Twitter: https://twitter.com/dwarkesh_sp
Timestamps:
00:00:00 - Advice for 20-30 year olds
00:12:58 - Progress studies
00:23:07 - Arc Institute
00:35:13 - AI & Fast Grants
00:44:32 - Stripe history
00:56:30 - Stripe Climate
01:02:25 - Beauty & APIs
01:12:37 - Financial innards
01:29:02 - Stripe culture & future
01:42:42 - Virtues of big businesses
01:52:27 - John