Stripe: The Internet's Most Undervalued Company

Take companies through the entire journey, from incorporation to going public.

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.

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.

Augment or replace large portions of finance teams with software, improving profits for its businesses.

Understand the economics of any internet industry better than anyone in the world and suggest where budding entrepreneurs might build.

Make equity investments in businesses based on its data, a la Tencent.

Provide access to increasingly large amounts of non-dilutive capital.

Longer-term, Stripe can do any of the following:

Stripe’s strategy, however, is focused on the long tail. It has millions of customers (including 1 million via Shopify) compared to ~3,500 for Adyen. It likely makes its margins on the long tail, while keeping prices low for big companies like Shopify for two reasons: 1) to keep Shopify away from competitors and 2) to collect the massive data from ... See more