Is anyone else worried about the long term stability of Braintree under such an aggressive board environment? I was always concerned about conflicts of interest with PayPal acquiring Braintree - two competing and incompatible ways to pay with a credit card. As much as I admire Braintree engineering, and I would normally trust a board to believe in the Braintree brand of reliability, it does no good if a single unpredictable actor, namely Icahn, could strongarm the parent company into underfunding or cannibalizing Braintree. Am I just being paranoid?
EBay to Spin Off PayPal
41–50 of 102 posts
Re: EBay to Spin Off PayPal
#42I'm amazed that this jackass who ran TWA into the ground still has so much staying power. http://www.businessinsider.com/marc-andreessen-carl-icahn-ki...
I totally agree with your assessment of Icahn. Andreesen's no saint however, he supports government spying and trampling of civil rights for his personal gain.
Re: EBay to Spin Off PayPal
#43I'm amazed that this jackass who ran TWA into the ground still has so much staying power. http://www.businessinsider.com/marc-andreessen-carl-icahn-ki...
What, you're only allowed to learn from failure in Silicon Valley?
Re: EBay to Spin Off PayPal
#44[deleted]
Re: EBay to Spin Off PayPal
#45When the going gets tough, firms call in consultants. When Bain or McKinsey arrive, they tell you to make a change. Is your firm centralized? Decentralize it! Is your firm decentralized? Centralize it. Donahoe's "master fix" and subsequent exit should give pause to industry thinking of hiring consultants to run their companies in the long-run; for as the saying goes: the apple doesn't fall far from the tree.
Re: EBay to Spin Off PayPal
#46Is anyone else worried about the long term stability of Braintree under such an aggressive board environment? I was always concerned about conflicts of interest with PayPal acquiring Braintree - two competing and incompatible ways to pay with a credit card. As much as I admire Braintree engineering, and I would normally trust a board to believe in the Braintree brand of reliability, it does no good if a single unpred…
I'm an engineer at Braintree.
Speaking only for myself, I don't see a conflict of interest between us and PayPal. PayPal has embraced our APIs and approach to support as the future of how merchants will integrate with PayPal, and we've been able to leverage PayPal's consumer brand to build better products for our merchants.
I was initially very, very skeptical of our acquisition, but I have to admit it's turned out well. I don't think there is any risk of them underfunding or cannibalizing us.
Re: EBay to Spin Off PayPal
#47I'm amazed that this jackass who ran TWA into the ground still has so much staying power. http://www.businessinsider.com/marc-andreessen-carl-icahn-ki...
What, you're only allowed to learn from failure in Silicon Valley?
TWA wasn't a failure for Icahn. He made hundreds of millions of dollars by selling its assets to pay himself.
Re: EBay to Spin Off PayPal
#48Is anyone else worried about the long term stability of Braintree under such an aggressive board environment? I was always concerned about conflicts of interest with PayPal acquiring Braintree - two competing and incompatible ways to pay with a credit card. As much as I admire Braintree engineering, and I would normally trust a board to believe in the Braintree brand of reliability, it does no good if a single unpred…
I'm an engineer at Braintree. Speaking only for myself, I don't see a conflict of interest between us and PayPal. PayPal has embraced our APIs and approach to support as the future of how merchants will integrate with PayPal, and we've been able to leverage PayPal's consumer brand to build better products for our merchants. I was initially very, very skeptical of our acquisition, but I have to admit it's turned out w…
For what it's worth, PayPal is embracing the shit out of BT acquisition - really see that as the north star for our merchant integration story. Everyone knows they know what they are doing and only want to help, they don't want to hinder/hobble/mess with it.
Re: EBay to Spin Off PayPal
#49[deleted]
Re: EBay to Spin Off PayPal
#50Earlier quoted context omitted.
Not sure how widespread it is, but here in Portugal banks offer a service that allows you to create virtual CCs tied to your bank account. You just set a limit (in €) and it returns all the CC info needed to make a payment.
Bank of America has the exact same thing. https://www.bankofamerica.com/privacy/accounts-cards/shopsaf...
do any other banks have this?