- One tenth of Apple,
- One seventh of Google,
- (Joke entry: 2/7 Teslas),
- More than half a Walmart,
- Just under one Netflix,
- A SalesForce,
- A Pfizer,
- Nearly 2 IBMs (Makes sense to me),
- 2.7 GMs.
Strong statements, though I'll never put money against this sort of thing.
I think PayPal should be the better comparison/overtake target, at 290B.
What are the profit margins on consumer banking? It seems like a commodity product, I expect it to be not amazing (compared to tech companies’ profit margins).
Why would giving 5% cash back solve any of Stripe’s problem? Any of the other banks can do the same now, but they obviously don’t think it’s worth it to lose that much money for customer acquisition, especially when switching costs are so low.