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None of this makes sense or is supported by the facts. Stripe is reportedly valued at $159B, PayPal's market cap is currently $52.59B, and your claims about mem
by jey 1mo ago
None of this makes sense or is supported by the facts. Stripe is reportedly valued at $159B, PayPal's market cap is currently $52.59B, and your claims about memes and Wall St are asserted without any citations or facts.
- jmtulloss 1mo ago[disclaimer: I used to work at stripe] I agree with you in principle but I don't think that market cap is the right metric. Market cap captures a lot of assumptions around product mix and growth rates that have been in Stripe's favor for a long time. The most apples-to-apples comparison is just looking at payments volume and ignoring all their other products. In that case, Stripe just recently overtook PayPal! PayPal is enormous! But Stripe has that compounding growth on its side and GP's argument has become outdated in a short amount of time. This is ignoring the bit about pc which I just disagree with.
- KaiserPro 1mo ago> Stripe is reportedly valued at $159B But that value is not tested or backed by the wider market. Market cap of paypal is. Also having just spaffed "$8bn" on openrouter, I would be surprised that they have enough resources to get the ~$50bn to buy paypal. Much less the work it would take to integrate a much larger company in to the "stripe" way
- Synthetic7346 1mo agoThey also bought bridge last year, and Clerky just now