131–132 of 132 posts
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…
Earlier quoted context omitted.
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 $250M market cap very quickly, just ask GroupOn. When you are…
Groupon ($GRPN) is valued at 1.3 Billion, roughly its all time low. So I'm not sure that's the metaphor you wanted?
So if Stripe is worth 5B, and has a similar % drop, it will be worth about 300M, or about half as much money as it has raised.