Braun Board

Account Executive, Startups (Grower)

Stripe · Chicago, IL

Full health. Just posted.

Account Growth: you grow customers the company already has (upsell, cross-sell, renewals).

Base
Not disclosed
OTE
$191K–$286K
Quota attainment
Not disclosed
Posted
4h ago

Why it matters: OTE tells you what you could earn. Attainment tells you how realistic it is.

Ask: “What percentage of fully ramped reps hit quota last year?”

Still open · checked 3h agoon Stripe's careers page

The job

What you'd do
Sell Stripe's payment tools to startups and small and medium businesses, from first call to signed deal, and sell more to existing customers. You'll generate most of your own leads through cold calling and networking.
What you'd sell

Helps businesses take payments online and in person

When a business wants to get paid online, it usually has to piece together a bank, a card processor and fraud checks. The problem is, that takes months to set up and breaks as it grows into new countries. Stripe handles payments, billing and payouts in one place, so businesses start selling sooner and get paid anywhere.

In plain English, from their own job posts. Something wrong? Tell me · More Finance & payments companies →

Who you'd sell to
Startups and small and medium businessesIn their words: “Own the full sales cycle from lead to close for startups and small and medium businesses”
Where deals come from
Mostly you. Expect a lot of outbound: cold calls, emails and LinkedIn.

The Braun Read

Worth a look

Solid on the basics. Use the first call to fill in the gaps.

Pay
OTE is listed. Ask what the base is.
Transparency
Says nothing about quota, attainment, deal size, territory or sales cycle.
Time on market
Brand new.
Company hiring
101 sales roles open, hiring at a steady pace. Ask how many reps they hired last year and how many are still there.

Red lights

None spotted.

Green lights

  • Publishes OTE. It tells you the on-target earnings up front. Most postings don't.

Based only on what the posting says. Lights are a starting point for your first call, not a final judgment.

Questions to ask on the first call

Built from what this posting leaves out. How they answer tells you as much as what they say.

  1. 1.

    What percentage of fully ramped reps hit quota last year?

    OTE is what you could earn. This is how likely you are to earn it.

  2. 2.

    What percentage of reps on the team have been here more than 18 months?

    Tenure shows whether people stay long enough to get paid.

  3. 3.

    Has the comp plan changed in the last 12 to 18 months? What changed?

    A plan that changes every year means the goalposts keep moving.

  4. 4.

    Who sits with reps and reviews calls each week?

    Coaching is often what's behind a good or bad attainment number.

  5. 5.

    What's the base, and how is the rest paid out?

    OTE without a base doesn't tell you what you can count on.

  6. 6.

    Why is this role open? Did someone leave, or is it new?

    New headcount is growth. A replacement means someone left. Ask why.

› When the offer comes

Save these for later. They land better once they've said yes to you.

  1. 1.

    Can I see the full comp plan in writing, including clawbacks and accelerators?

    What's in writing is what gets paid. Read it before you sign.

  2. 2.

    Can I see the actual comp distribution for the team last year, not just the OTE?

    The spread shows what most reps really take home. OTE is just the target.

  3. 3.

    I'd be walking away from earned commission to join. Is there room for a sign-on bonus to help cover that?

    Leaving money behind is a fair reason to ask. The worst answer is no.

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Full posting
Who we are About Stripe Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world's largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career. About the team The Startups, Existing Business team is a consultative sales team that is responsible for the growth and retention of the largest and fastest-growing Startup customers at Stripe. As an Account Executive, you'll identify new opportunities for our clients to get the most out of Stripe by understanding our clients' needs, execute scaled sales strategies to close upsells and renewals with existing Stripe customers, and drive end-to-end campaigns to increase adoption of Stripe products. What you'll do Responsibilities - Own contract renewals and lead commercial negotiations to increase and retain existing customer revenue and Stripe market share - Develop and implement full sales cycle strategies for driving product adoption, net new product sales, and client retention at scale among existing Stripe customers - Solve complex client needs and work across product, sales, risk, and operations teams to improve our product - Own the full sales cycle from lead to close for startups and small and medium businesses - Generate your own leads through cold calling, blitzing, research, networking, and driving your territory - Make every potential Stripe user happy with every interaction, regardless of deal size - Identify and understand users' pain points to propose Stripe solutions - Make sure that internal teams are set up for users' success by coordinating with other Stripe teams Who you are We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement. Minimum requirements - 5+ years of experience in a client-facing sales role - Ability to understand complex technical ecosystems and build great relationships with technical customers - Ability to drive and close upsell opportunities for additional Stripe products in long-term, consultative engagements - Problem-solving ability to manage complex pricing and cost considerations - Experience managing projects with input from cross-functional teams - A knack for working well with a wide range of stakeholders, both internally and externally - Ability and motivation to operate in an ambiguous and fast-paced environment - Superior verbal and written communication skills Preferred qualifications - Prior experience in a sales and customer-facing role at a high-growth technology company - Experience with Excel and SQL, or a willingness to learn
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