Regarding their pricing to low-touch customers, like anyone just signing up on the website, yes, it's a very good margin for a payment processor. But the trick is that nobody processing a million a day + is going to pay…
Look at the valuation increases: Almost 2x year to year for quite a while. I don't expect most people seeing that kind of valuation increases looking to liquidate any part of their position unless they really can't help…
There's also people whose natural tendencies are thoroughly self destructive. For instance, I know a person who doesn't feel like themselves at home. Their favorite moment in the world is when, after speaking at a tech…
Regarding their pricing to low-touch customers, like anyone just signing up on the website, yes, it's a very good margin for a payment processor. But the trick is that nobody processing a million a day + is going to pay…
Look at the valuation increases: Almost 2x year to year for quite a while. I don't expect most people seeing that kind of valuation increases looking to liquidate any part of their position unless they really can't help…
There's also people whose natural tendencies are thoroughly self destructive. For instance, I know a person who doesn't feel like themselves at home. Their favorite moment in the world is when, after speaking at a tech…