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Actually, if you read the 'Founders at Work' interview, PayPal sees itself as a fraud detection company who happens to process payments. It is all about detect
by brc 16y ago
Actually, if you read the 'Founders at Work' interview, PayPal sees itself as a fraud detection company who happens to process payments.
It is all about detecting fraud. PayPal lived while others died because they figured fraud out, and came up with working solutions to limit it to the point where the fraudsters choose easier targets.
- lhnn 16y agoActually, if you read my assertion, you would know I didn't read Founders at Work. "Actually, in the 'Founders at Work' interview, ..." would have been less aggressive in tone.