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Stock impact report

How Stripe's billing experiment propelled a $500 million AI-fueled business [Yahoo! Finance]

AMC Networks Inc. - Class A (AMCX) 
Last amc networks inc. - class a earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Fortune · Stripe Allie Garfinkle Fri, February 14, 2025 at 1:00 PM GMT+1 10 min read In 2010, Patrick and John Collison were experimenting. The brothers were writing code and brainstorming product ideas before doubling down on payments in 2011—ultimately building a company now valued at $70 billion. Fifteen years later, one of those early ideas is stepping into the spotlight, providing what Stripe has come to see as a new pillar to its business. Stripe Billing, for years a slept-on prototype at the San Francisco company, has become the engine of Stripe's Revenue and Finance Automation suite. At the end of January, the group crossed $500 million in annual revenue run rate. Though the Collison brothers wrote the first iteration of a billing product before Stripe launched, Stripe Billing didn't come to market until 2018. “It was something we underestimated for a very long time,” said John Collison, Stripe cofounder and president. “I think it's only recently that we sta Show less Read more
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