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I'm obviously a Stripe fanboy but I hope my point comes through that I think all credit card processing is a hard business where it is hard to make a lot of mon
by zt 13y ago
I'm obviously a Stripe fanboy but I hope my point comes through that I think all credit card processing is a hard business where it is hard to make a lot of money. Stripe is best in class in my mind right now - but being the absolute best in a commodity business can be a hard position to be in.
- jareau 13y agoIs your thesis that Stripe will follow a similar path as Braintree's...to low margins and acquisition?
- zt 13y agoNo, I don't think so. My read is that Patrick and John have a long-term vision (not one that I'm particularly privy to in the details) and clarity in their desire to go all the way.