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eBay to acquire Braintree for $800m in cash
- toolio64 13y agoI can't see how “Braintree is a perfect fit with PayPal”, they're clearly in direct competition (http://www.quora.com/Which-is-better-as-a-payment-solution-Braintree-or-PayPal-and-why http://www.quora.com/Which-is-better-as-a-payment-solution-B...). Although, perhaps eBay has solved its Innovator's Dilemma. They seem to be cannibalizing their own sales through this acquisition.
- ape4 13y agoThey are killing a competitor. They buy more clients.
- dankesha 13y agoI wonder why the other HN post (https://news.ycombinator.com/item?id=6450149 https://news.ycombinator.com/item?id=6450149) got more traction that this one. This one was posted 6 minutes before the other, after all.
- citricsquid 13y agoWhen you submit a link that has been previously submitted it upvotes the previous submission. It's most likely that a large number of HN users all tried to submit the Techcrunch story at the same time, whereas the only way this submission gets upvotes is through people clicking, reading the story and then upvoting.
- AhtiK 13y agoTechCrunch story is a bit juicier and easier to digest. Maybe that's the reason, no idea. That article also mentions the rumor that Braintree has been in stalled talks with Square. That's an interesting rumor but unfortunately attributed to unprofessional "we heard from sources" source.
- sidcool 13y agoWhat? Ebay or Paypal?
- AhtiK 13y agoeBay acquired Paypal in 2002.
- BillyMaize 13y agoEbay bought Paypal, so they are basically the same thing
- sidcool 13y agoYes, I missed that point.
- yelnatz 13y agoSame thing.
- AhtiK 13y agoBraintree Teaming Up with PayPal: https://www.braintreepayments.com/blog/braintree-teaming-up-with-paypal https://www.braintreepayments.com/blog/braintree-teaming-up-...
- beauzero 13y agoNot a big fan of "killing the competition".