added by sari · updated 2y ago
Stripe: The Internet's Most Undervalued Company
- Large customers and partners are an issue for Stripe right now because they have more negotiating power. By one estimate, even before the pandemic, Stripe was generating $350 million in revenue from Shopify alone. That gives Shopify a lot of power over Stripe. If Shopify leaves, that’s a material hit to Stripe’s revenue.
from Stripe: The Internet's Most Undervalued Company by Packy McCormick
sari added 3y ago
- Understand the economics of any internet industry better than anyone in the world and suggest where budding entrepreneurs might build.
from Stripe: The Internet's Most Undervalued Company by Packy McCormick
sari added 3y ago
- Forecast with a greater degree of accuracy than any internal model for a more complex and wide-ranging set of companies than something like Facebook’s Prophet.
from Stripe: The Internet's Most Undervalued Company by Packy McCormick
sari added 3y ago
- Stripe is the most heavily online company of its competitors. In fact, its underdeveloped offline product is one of competitors’ main selling points against it. But it’s a good time to be very online. Square, which has a large point-of-sale business, actually saw a decline in Q2 payments volume, revenue, and profits.
from Stripe: The Internet's Most Undervalued Company by Packy McCormick
sari added 3y ago
- Longer-term, Stripe can do any of the following:
from Stripe: The Internet's Most Undervalued Company by Packy McCormick
sari added 3y ago
- In a decade, Stripe has gone from accepting payments, which is now a commodity business, to providing an increasingly comprehensive suite of products that make it easy to start and run an online business.
from Stripe: The Internet's Most Undervalued Company by Packy McCormick
sari added 3y ago
- Advise governments on how to leapfrog the banking system. Africa is a noticeably large hole in the map, and one that Sqaure’s Jack Dorsey was planning on physically inhabiting himself until his board stopped him.
from Stripe: The Internet's Most Undervalued Company by Packy McCormick
sari added 3y ago
- Provide access to increasingly large amounts of non-dilutive capital.
from Stripe: The Internet's Most Undervalued Company by Packy McCormick
sari added 3y ago
- Augment or replace large portions of finance teams with software, improving profits for its businesses.
from Stripe: The Internet's Most Undervalued Company by Packy McCormick
sari added 3y ago