Casey Rosengren, founder of Hacker Paradise, writing on Medium:
For a new business, freezing $20,000 in funds could be catastrophic. In our case, we were able to bridge the gap with personal funds in order to stay out of the red. However, a young, cash-poor company could be left with no other option than to take Paypal up on their offer. Paypal causes a cash-flow crisis and then offers to fix it.
Stripe’s executives are surely grinning ear to ear.
(Via The Pickle Theory)