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Stripe Annual Letter [pdf]
- deleted 2y ago[deleted]
- charlieirish 2y agoThread from patio11 here: https://x.com/patio11/status/1895167087020212594 https://x.com/patio11/status/1895167087020212594
- blackeyeblitzar 2y agoInteresting insights. One issue with Stripe is the centralization also means they get to decide what payments they allow and not allow, much like PayPal or Visa/Mastercard. I still remember when these companies banned donations to Wikileaks, for example. It will be hard for any newcomers to challenge them given the benefits of scale and network effects. Maybe government driven payment systems or crypto based systems possibly?
- blackeyeblitzar 2y agoA 38% increase in payment volume, continued profitability, and a recent tender offer above $90B. I wonder if they’ll finally file to go public this year.