Stripe's reported acquisition of OpenRouter is a bet on two curves changing at once: more companies are forming, and software agents are beginning to use economic infrastructure directly.
Nate Jones explains why a reported $7.5 billion price matters, how OpenRouter's token volume reframes Moore's Law for the intelligence age, what Stripe is assembling for agent-to-agent commerce, and how founders and incumbents should respond when their old base case stops behaving normally.
In This Episode
- Why Stripe paid a reported premium for OpenRouter
- The 11-week token-doubling curve
- How coding agents rediscovered Stripe's seven-year-old CLI
- The emerging agent-commerce stack
- Five questions that make a company purchasable by agents
- Why scale alone is not a moat
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