4 ms·

Paypal owns Venmo, so they have a fair amount of weight to throw around, especially in the payments/ACH space.

• toomuchtodo 11y ago
  Doesn't Apple generate more profit per quarter than Paypal does all year?
  • roymurdock 11y ago
    Sure, but you might have made the same argument with Facebook when it launched "Poke" (2012) and "Slingshot" (2014) in order to compete with newcomer Snapchat, and we see how that turned out due to poor execution and the incumbency factor. http://techcrunch.com/2012/12/21/facebook-poke-vs-snapchat-what-is-the-difference/ http://techcrunch.com/2012/12/21/facebook-poke-vs-snapchat-w... https://gigaom.com/2014/09/04/facebooks-slingshot-experiment-failed-fast-now-its-just-another-snapchat-clone/ https://gigaom.com/2014/09/04/facebooks-slingshot-experiment...
    • deleted 11y ago
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