Tell HN: Considering legal action against Stripe
Like many others, they just permanently damaged our platform by closing our account without notice. It's plain sad considering how much we've worked on it — for more than 2 years as a team of 2 college students. Despite seeing these kinds of posts on HN every week, we mistakingly thought taking extra care of our account and forming our company under Stripe Atlas would at least help us survive until we got big enough. Also, some part of us thought – "Clearly, these people must have done something wrong. Stripe wouldn't be this aggressive. They are terrific for entrepreneurs after all!" We were dead wrong. The truly insane part about it is that we had no issues with *anyone*: no complaints, no chargebacks, no anything. We went further by regularly checking purchases and manually refunding suspicious sales, which happened once when someone started card testing and w
Why it failed
Like many others, they just permanently damaged our platform by closing our account without notice. It's plain sad considering how much we've worked on it — for more than 2 years as a team of 2 college students. Despite seeing these kinds of posts on HN every week, we m
- Kind
- startup
- Status
- Shut down
- Inventor
- gurgunday
- Ended
- 2023
- Source
- hackernews