Founder meetup: What do you mean all my payments don't become revenue?!
Event Description
We keep seeing the same thing across YC companies on Stripe: the authorization rate looks fine, but the payment success rate is way lower. One company found a $1.4M gap in their $6M processing volume. We'll show you how to find yours.
This is a room for founders to connect and talk about the payment topics that never come up, the metrics no one tracks, the revenue gaps no one mentions, and the stuff you only learn the hard way.
📍 Mission District
Who is this for:
Any business accepting payments from consumers or other businesses via card or ACH. If you suspect you're losing revenue somewhere in your payment flow but don't know exactly where, this event is for you. Especially relevant if:
You run a subscription or recurring billing model (SaaS, AI apps, e-commerce)
You have customers outside the US (cross-border = more declines, more disputes)
You don't have a dedicated payments person on your team
What you'll learn:
The difference between dispute rate and chargeback rate
How a single chargeback actually costs 3x its face value
Where to segment your data to find revenue you're leaving on the table
Benchmarks: where healthy businesses sit vs. businesses quietly bleeding
Agenda
🕔 5:30 – 6:00 PM: Registration, networking, dinner, drinks, and more!
🎤 6:00 – 6:30 PM: "The Payment Metrics No One Talks About" by Saif, Founder of Corgi Labs
👥 6:30 – 6:45 PM: Q&A
🍷 6:45 – 7:30 PM: Open networking with other founders, food & drinks!
Spots are limited. See you there!
About Corgi Labs
Corgi Labs (YC W23) helps online businesses recover hidden revenue by reducing false declines and fraud. We build customized ML models that work on top of your existing payment processor like Stripe, so you can accept more legitimate customers and stop fraud before it costs you. We've helped merchants recover millions in revenue they didn't know they were losing. Learn more at [corgilabs.ai]
About Fondo
Fondo (YC W18) is accounting on autopilot for 1,000+ startups. Get your bookkeeping done, taxes filed, and up to $500k back from the IRS. Learn more at [fondo.com]