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PayPal CTO Resigns

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Re: PayPal CTO Resigns

#33

Post by true_religion »

dangrossman wrote: post #18

PayPal's redesigned their UI two or three times in the past decade or so. None of those redesigns have made it to business accounts yet. I still log in and see the same site I did in the early 2000s. I really, really understand that their business is enormously complex, operating in hundreds of different markets, but... you'd think some of the improvements would trickle down eventually . It's a real challenge for the…

Hm, that's odd. I have a Paypal business account and I've been seeing the new layout for at least a year now.

Are you using PayPal pro? I'm not, since AFAIK the only difference is the website redirect + accepting the full credit card information.

You can take payments in person without having a Paypal Pro account, just their swiper reader.

Re: PayPal CTO Resigns

#34

Post by malisper »

justin_vanw wrote: post #29
jorgecurio wrote: post #20

Is this coincidence or what? Yelp CFO also resigned. Two executives from two different sinking ships. Paypal is getting murdered by Stripe. Yelp thought it could raise stock prices by buying traffic. Something had to give, someone has to take the blame.

In the first down market Stripe will no longer exist. They are losing money at an incredible rate and no where near profitable. They are losing money at a rate of about $100MM per year, and having to raise the same. Perhaps they can make it to IPO, but even at a 3.5B valuation, they have to find profitability very quickly, a 3.5B market cap can turn into a $250M market cap very quickly, just ask GroupOn. When you are…

> They are losing money at an incredible rate and no where near profitable. They are losing money at a rate of about $100MM per year, and having to raise the same.

Do you have a citation for that? I couldn't find anything when I tried searching.

Re: PayPal CTO Resigns

#37

Post by [deleted] »

true_religion wrote: post #33
dangrossman wrote: post #18

PayPal's redesigned their UI two or three times in the past decade or so. None of those redesigns have made it to business accounts yet. I still log in and see the same site I did in the early 2000s. I really, really understand that their business is enormously complex, operating in hundreds of different markets, but... you'd think some of the improvements would trickle down eventually . It's a real challenge for the…

Hm, that's odd. I have a Paypal business account and I've been seeing the new layout for at least a year now. Are you using PayPal pro? I'm not, since AFAIK the only difference is the website redirect + accepting the full credit card information. You can take payments in person without having a Paypal Pro account, just their swiper reader.

[deleted]

Re: PayPal CTO Resigns

#38

Post by bbcbasic »

27182818284 wrote: post #9
muyfine wrote: post #8

New Money needs a New CTO

When you call their tech support and their own tech support gives up on their products and just recommends the now PayPal owned Braintree...well that wasn't the only bad sign I guess.

I wonder what the downvote rationale is here?
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