Re:Help HN: Stripe shutting us down with 48 hours notice on ...
by trollied on Tuesday December 28, 2021 @08:24AM
(#29713535)
It’s Appfleet that have just filed accounts. (edit: and to reply to the person saying about numbers - turnover numbers stated are the payment processing fees, not the amounts actually transacted - see note 5 in the accounts)
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Re:Help HN: Stripe shutting us down with 48 hours notice on ...
by berkut on Tuesday December 28, 2021 @08:34AM
(#29713606)
Good call: that's (effectively) last year's though, so it's possible things were better this year (although doesn't look good - and doesn't seem to match numbers OP was stating).
Edit: actually, maybe not: the doc mentions March 2021 and Oct 2021 funding...
Re:Help HN: Stripe shutting us down with 48 hours notice on ...
by youngtaff on Tuesday December 28, 2021 @03:10PM
(#29717499)
Those numbers look ok (ish)
Staff costs are roughly £900,000 of the £1.2M loss and they received investment of £5.5M
These are for year two of their business so they’re not huge losses for a venture backed business and suspect they could have sustained the same level of loss year to Dec 31 2021
I tend prefer bootstrapped businesses but these accounts don’t look too bad