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> They took on a lot of VC and there is no way that an IPO would have valued Braintree at the level that PayPal did. So actually the VCs aimed the company to b
by ExpiredLink 13y ago
> They took on a lot of VC and there is no way that an IPO would have valued Braintree at the level that PayPal did.
So actually the VCs aimed the company to be bought by PayPal ... and succeeded. Seems that most people misunderstood Braintree's business model.