It's hard - the fast product really required them getting a network-effect and that required a lot of hype. I don't think it's necessarily a bad pitch, but cle

It's hard - the fast product really required them getting a network-effect and that required a lot of hype. I don't think it's necessarily a bad pitch, but clearly it was a business that was only ever going to either be wildly-successful or a complete disaster, and nothing in the middle. Also they were probably way-too-late and stripe were much better positioned. (And I'm not suggesting that those two scenarios are equally likely - it had probably a 5% payoff chance!).