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Avoid Trapdoor Decisions: 5 Lessons Learned from Scaling Stripe

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Avoid Trapdoor Decisions: 5 Lessons Learned from Scaling Stripe

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Formerly a senior leader at Google, Claire Hughes Johnson is now Chief Operating Officer at Stripe, where she’s helped guide the online payments firm through rapid growth. Stripe today has more than 1,400 employees and processes billions of dollars for millions of users worldwide. Scaling the company’s employee base, sales teams, marketing, and operations—all while preserving its culture—has required a laser focus on first principles, smart processes, and effective hiring. In this talk, Claire will share these and other lessons for scaling high-growth organizations.

Formerly a senior leader at Google, Claire Hughes Johnson is now Chief Operating Officer at Stripe, where she’s helped guide the online payments firm through rapid growth. Stripe today has more than 1,400 employees and processes billions of dollars for millions of users worldwide. Scaling the company’s employee base, sales teams, marketing, and operations—all while preserving its culture—has required a laser focus on first principles, smart processes, and effective hiring. In this talk, Claire will share these and other lessons for scaling high-growth organizations.

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Avoid Trapdoor Decisions: 5 Lessons Learned from Scaling Stripe

  1. 1. AVOID TRAP-DOOR DECISIONS: 5 LESSONS LEARNED FROM SCALING STRIPE CLAIRE HUGHES JOHNSON COO Stripe @stripe @chughesjohnson
  2. 2. AVOID TRAP-DOORDECISIONS: 5 LESSONS LEARNED FROM SCALING STRIPE CLAIRE HUGHES JOHNSON COO Stripe @stripe @chughesjohnson
  3. 3. Increasing the GDP of the internet Global economy Internet economy potential 5% Today Time GDP
  4. 4. Traditional payments matrix Business
  5. 5. Stripe helps businesses get online fast Business
  6. 6. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  7. 7. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  8. 8. Our operating principles Put users first Urgency and focus Reason clearly Disagree and commit Deliver results Meticulous foundations Efficiency is leverage We haven’t won yet
  9. 9. Our operating principles Put users first Urgency and focus Reason clearly Disagree and commit Deliver results Meticulous foundations Efficiency is leverage We haven’t won yet
  10. 10. Our operating principles Urgency and focus Reason clearly Disagree and commit Deliver results Meticulous foundations Efficiency is leverage We haven’t won yet Put users first
  11. 11. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  12. 12. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  13. 13. Provide a speedy on-ramp
  14. 14. Programming languages, as many as you can
  15. 15. Obsess over your documentation
  16. 16. Support: bake it in from the beginning
  17. 17. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  18. 18. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  19. 19. A N O T H E R W A Y
  20. 20. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  21. 21. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  22. 22. Ensure it’s truly unimportant. Then, go for it. High confidence required. Pursue strong organizational commitment. YOLO Be thoughtful and careful. Less confidence may be needed, but don’t make the decision alone. TRAPDOOR TUNABLE IMPORTANT (High impact) UNIMPORTANT (Low impact) Decision-making framework
  23. 23. Avoid trapdoor decisions
  24. 24. Avoid trapdoor decisions CMO ?
  25. 25. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  26. 26. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  27. 27. Marketing Ops Sales Ops People Ops Financial Ops User Ops
  28. 28. Marketing Ops Sales Ops People Ops Financial Ops User Ops
  29. 29. GLOBAL PAYMENTS AND TREASURY NETWORK RADARSIGMABILLING CONNECT TERMINAL ISSUINGPAYMENTS
  30. 30. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  31. 31. Know your forever user Use your principles Names stick Preserve optionality Manual processes first 1 2 3 4 5
  32. 32. THANK YOU @stripe @chughesjohnson

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