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Stripe_2023_annual_letter.pdf

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March 13, 2024 Dear Stripe community: Charlie Munger described a two-part rule that works wonders in business, science, and elsewhere: 1) take a simple idea and 2) take it very seriously. Stripe’s mission is to grow the GDP of the internet. The core idea behind the company—one we endeavor to take very seriously—is that we’re still early in the journey of software-driven innovation, and Stripe is an applied exercise in thinking through some of the corollaries of that. In particular, thanks to the new possi- bilities afforded by the internet, we believe that putting better—more global,…

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