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It's not a struggling company. I run an e-commerce website. I give people the option to use either Stripe or PayPal. I would say it's a 50 50 split. The company
by johnwheeler 20d ago
It's not a struggling company. I run an e-commerce website. I give people the option to use either Stripe or PayPal. I would say it's a 50 50 split. The company is making $5 billion in profit a year. What's wrong with people?
- shevy-java 20d agoThis is kind of at odds with other reports.
- weiran 20d ago> What’s wrong with people? Confirmation bias.
- altmanaltman 20d agoYeah the "struggling company" is a bit too harsh of a statement. What they likely were talking about was the stock price. It was getting hit pretty hard and the Stripe deal talks saw confidence which led to the stock price getting back up and now the market value for the company is actually higher than what Stripe is offering in the deal so it doesn't make sense to sell lower at this point of time.
- cubefox 20d agoNone of that is remotely evidence that "struggling company" is merely "a bit too harsh".
- wongarsu 20d agoIf I have a credit card, as a consumer Stripe and PayPal are about equal. Both let me pay with my card without making an account. Both will lightly nag me to make one, with the difference that Stripe Link is very light-weight and Paypal is a lot more heavy-weight. But in return Paypal allows more payment methods (direct debit from your bank account being a big pull here in Germany) and makes it possible to send money between friends. Also lots of people 30+ (which is the vast majority of the population) have paypal accounts from the "don't give random websites your credit card, give it to this one trustworthy website instead"-era. If there weren't so many people hating PayPal, I'd expect a straight Stripe/Paypal choice to lean much more towards paypal, not a 50-50 split