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Saam Motamedi
@saammotamedi
venture capitalist investing in the future | GP at Greylock | @GreylockVC
Joined August 2009
708 Following    6.6K Followers
Congratulations to @alvaromorales, @kshithappens, and the entire Orb @useOrb team on their definitive agreement to be acquired by Adyen. We at @GreylockVC were fortunate to lead Orb's seed financing and from our very first meeting it was obvious that Alvaro and Kshitij were special. Long before AI accelerated the move to usage- and outcome-based pricing, Alvaro and Kshitij saw where the world was headed and built accordingly. Deeply technical and relentlessly customer focused, they and their team built the platform that today powers billing at AI leaders like Vercel, Supabase, Fal, Replit, Glean and many others. Now they'll accelerate their customer footprint and impact as part of Adyen. More from Alvaro ๐Ÿ‘‡
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Today, we announced that @useOrb has entered into a definitive agreement to join @Adyen. @kshithappens and I have spent the past five years building Orb alongside some of the fastest growing companies in the world. The clearest thing we've learned: how companies price is changing faster than how they bill. AI has accelerated the shift toward consumption and outcome-based models, and the infrastructure underneath hasn't kept up. That gap is why we founded Orb, and joining Adyen is how we close it at global scale. Today's announcement doesn't change our commitment to our customers. Orb will continue operating as a stand-alone product, there will be no interruption in service, and our customers can continue to choose to work with their preferred payment processing partner. We're here for the long run, ensuring that our service continues to uphold "billing must be correct" as our customers pursue their most audacious revenue design goals. So why Adyen? Over the past several years supporting our customers' global growth, we've learned that billing at serious scale is only half the equation. The other half is moving money across markets, currencies, and enterprise requirements. Adyen has already built the foundational financial infrastructure that makes this possible. Joining them lets us build offerings that bring to life the vision of self-driving infrastructure for revenue optimization. Weโ€™re incredibly excited for Orb to only get better from here. To our team: thank you for all the hard work that you do every day for our customers. It has been, and continues to be, the pleasure of my professional life to work with all of you. To our customers: thank you for trusting us to support your growth and letting us partner with you. Thank you to our investors and supporters whoโ€™ve been with us on the journey. And thank you to my family for putting up with me talking about so, so many billing edge cases!
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