Stripe said to abandon $50B pursuit of PayPal

24 pointsposted an hour ago
by 1986

4 Comments

rekttrader

an hour ago

Diligence told them they’re buying a almost dead payment processor with ancient tech. Customer lists are worth something but not that much.

sho_hn

4 minutes ago

Curious to hear from someone who watches this space. What makes them dead?

It's still the only consistently supported thing I encounter online.

I'm aware things like Wero are poised to shake things up, but still have no real idea about timeline and impact.

enos_feedler

an hour ago

Elon bought a dead social network and look at him go! But seriously, I log into paypal once a month to pay my landlord. I am a MAU. That is crazy. It’s more then I can say for ABNB. Maybe they should buy Paypal. Save on those transaction fees.