Lago

How did we manage to release 41 product updates in 24 months? ⚡️ That’s a question I get asked a lot. At Lago, we do things our way: ❌ No frameworks. ❌ No theory. Just real-world experience and a process that runs like clockwork 🕰️ A few months ago, Timothe Frin reached out to dive into this topic for the Clef de voûte podcast. Of course, I said yes! :) A few weeks later, I found myself in front of his mic for a 1-hour intense conversation. 🎯 No BS - straight to the point. 🎙️ We discussed: ▶️ How to build high velocity in product development ▶️ 3 steps to iterate quickly on a product without wasting time ▶️ 2 pillars for building a "painkiller" product, not just a "vitamin" ▶️ The method for prioritizing effectively in the early stages ▶️ 4 powerful Product practices in pre-PMF 🎧 Want to listen to the episode? ▶️ Hit a Like on this post to support us ▶️ Find the episode link in the first comment Shoutout to our amazing team at Lago that's behind the product - this is their success too!! 🧡 Happy listening 👋

🚀 2025 is around the corner, and still… only 2% of VC funding goes to female founders. Grateful to AWS for highlighting 15 incredible female founders at re:Invent (60K attendees!), including my amazing co-founder Anh-Tho Chuong. • Her way of changing the stat? Building Lago to be as impactful and successful as possible. 💪 • Where to see it? 2nd floor lobby at Tao Here’s to breaking the 2% stat—one founder at a time. 🙌

🚀 Shoutout to Michael Ponrajah 🚀 4 years ago, Michael said “YES” to joining Raffi Sarkissian and me on this wild journey, even though all we had was: • A Slack channel • A name (“Airjag”—yeah, it wasn’t great) • Zero funding • And… no specific product idea 🙃 Fast forward to today, Lago is the leading open-source billing platform helping businesses scale with: • A thriving community of developers and contributors: 7K+ stars, 1.6K+ members • Customers like Mistral, Groq, Laravel, trusting us to power their growth. • A mission to bring transparency, flexibility, and control to billing—because every business deserves a solution that works for them. Michael, thanks for believing in what could be, even when there wasn’t much to see. 🙌

Welcome Toon Willems! Toon brings even more joy, expertise (10y!) and resourcefulness to our back-end engineering team. Toon was one of our earliest users before joining the team: a real open-source community story. 3 fun facts about Toon: - Loves the nordic countries, even met his wife on a trip to Iceland - Secretly wants to be a woodworker and dreams of building his own furniture - Is obsessed with home automation and tries to use home-assistant for everything (I have a pb with my "Philips Hue", can you help me? 😅) Welcome Toon, we're so glad you're joined us!

🆕 Connect Anrok and Lago Our integration with Lago is live! For digital businesses using Lago’s billing platform, you can now automatically calculate and collect tax globally as your revenue scales. Connect once, and Anrok handles the rest. No coding required. Questions? Reach out: https://lnkd.in/dJPPAt-B

Company: Mistral Sales cycle: 17 days Source: Hacker News Learnings: lots 👇 Detailed post in the 1st comment!

Happy Friday! Proud of the team, grateful for the community, excited for the future! ✨

✨ What We Didn’t Say at SF Tech Week ✨ I joined Austin Hughes 🤝 Unify, Han Wang Mintlify, and Robert Eng Pylon at their new office to talk about our Series A journey during SF Tech Week (Big fan of the socks + flip flops Robert!). It was a fantastic panel discussion about milestones, pre-empted rounds, and the shiny highlights of building and scaling startups. BUT here’s what we didn’t cover: How to expedite VC due diligence—and why it's key to 'get back to building' ASAP 💡. • Protect your customers: Centralize references. If VCs start using expert networks like Tegus to contact your customers without your consent, ask them to push back. We've done it. • Stay in control: Share sensitive info only when necessary—and on your timeline. • Move fast: Create urgency by running a competitive process. Tight timelines keep everyone motivated. And stating the obvious: • Data matters: Share key metrics *but* above all add metrics that matter to you (Lago is open-source, so community engagement were key as well!), and make it visual—clean dashboards > spreadsheets. 📄 Want a one-pager summarizing these tips? Drop a comment below, and I’ll share it with you! Thanks again to Pylon for hosting and huge thanks to Yoko Li for being an amazing moderator and keeping the conversation insightful and engaging!

Prepaid Credits vs. Real-Time Billing: Your Cheat Sheet 📒 We’ve had **so many** chats with Lago users torn between prepaid credits and progressive billing for their pricing model. And honestly, it’s a tough choice! (Spoiler alert: Lago’s got your back for both 🥳) While it’s a common dilemma, these two approaches offer different billing experiences, and the choice comes down to your business and customers' needs. ⤵️ ❌ Why they’re different: ▶️ Prepaid Credits: Customers pay upfront for a set amount of usage. Perfect for budget control, super predictable, and easy to set up. But… if credits run out, it could lead to service interruptions. ▶️ Progressive Billing: Customers are billed in real time based on what they use. It’s all about scalability and transparency, but it can mean variable bills and a trickier setup. ✨ How to set up with Lago: ▶️ Prepaid Credits: Simple and intuitive to set up with features like Credit Management, Automated Reminders, Flexible Recharge Options, and more. ▶️Progressive Billing: Flexible metering and tracking options to ensure a transparent and scalable billing experience, with Advanced Metering, Automated Invoicing, Real-Time Dashboards, and more. So, which option has your pick? If you want to learn more about these use cases, head to our changelog to see what our amazing product team has been cooking!

Product Update #40 🚀 We've got some **great** new features to share with you: 🆕 Sync billing data to HubSpot With Lago’s new integration, you can now sync billing data in real time to HubSpot: - Customer Creation: Automatically create Contacts or Companies in HubSpot based on your Lago customer data. - Invoice Syncing: Real-time invoice sync to a HubSpot custom object named LagoInvoices. - Subscription Syncing: Real-time subscription sync to a HubSpot custom object named LagoSubscriptions. 📀 New usage ingestion sources Leverage dedicated connectors to ingest usage data directly from sources like AWS S3, Kafka, MongoDB, Google Cloud Storage, Azure CosmosDB and much more! 💸 Refund prepaid credits You can now process refunds for prepaid credit bought within Lago. Lago takes care of the refund process, initiating the refund to the payment provider and voiding the prepaid credits. 🔄 Cascade changes on overridden subscriptions You can to decide whether changes made to the parent plan should automatically cascade to all overridden subscriptions. All updates are now seamlessly applied across your entire customer base.