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Stripe buys Indie Hackers in push for entrepreneurs

Internet payments firm Stripe has acquired Indie Hackers, an online forum designed to help entrepreneurs earn more revenues through knowledge-sharing.

Financial details related to the acquisition have not been disclosed.

Indie Hackers was started last July by Courtland Allen, as a platform to share knowledge and valuable insights on starting and growing online businesses. It is claimed that Indie Hackers became successful and has started earning about $6000 per month.

Indie Hackers founder Courtland Allen said: “When I set out to build Indie Hackers last July, there weren’t many places that put profitable online businesses in the spotlight.

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“I wanted to create a community where successful founders could share their valuable stories and insights, and where aspiring entrepreneurs could go for inspiration and advice.

“At its heart, Indie Hackers is a place for having honest and transparent conversations about starting and growing online businesses.”

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Courtland Allen stated that in March, he received an email from Stripe CEO, Patrick Collison, with the subject being “acquire Indie Hackers.”

He also noted that Stripe has an ambitious mission to make it easier for entrepreneurs to build and grow their businesses.

According to Courtland Allen, encouraging people to start businesses and helping them make those businesses successful could in turn prove beneficial for Stripe.

Courtland Allen will join Stripe and will continue to work with Indie Hackers. With Stripe’s support, Indie Hackers could be relieved off of financial burden so that Allen can concentrate more on the forum.

The primary goal is to create a stable platform for transparent conversations which can help entrepreneurs learn from each other and he will try to improve the forum.

Allen added, “Unlike a lot of startup communities, Indie Hackers is firmly about businesses that generate real revenue and the entrepreneurs behind them.

“These contributors can provide Stripe with better insights into the needs and challenges faced by people who often don’t have the luxury of VC funding.”
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CBR Staff Writer

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