SMRTR AIFeb 27, 2025Daily.dev

Stripe CEO says AI startups are growing faster than SaaS ever did and calling them wrappers ‘misses the point’

SMRTR summary

AI startups are outpacing traditional SaaS companies, reaching $5 million revenue in 24 months versus 37 months, according to Stripe's annual letter, which also reported $1.4 trillion in 2024 payment volume and a $91.5 billion company valuation.

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