24 karma · joined June 13, 2012
in the reverse, it could fire the backup mechanism and start showing very generic ads.
PayPal's raison d'etre is not in Peer to Peer money exchange. Its more on strong merchant integrations, partnerships, and relationships. In fact PayPal draws a small loss on p2p products. If you want to compete with PayPal its through strong merchant integrations which many startups have not succeeded in doing. When braintree made inroads into a segment of b2b products, PayPal acquired Braintree.
P2P is more or less a adoption hack/growth hack for a payments company. Merchant integrations and risk models are where its at.
the smartest move will be to move out, create a different world, and show them how its done. (Refer: Exit, voice, & Loyalty by Albert O. Hirschman). Hence I believe going to a better shore is in line with this spirit of california. Hope that helps.
As for Bill Scott, its a 2 edged sword. I think he runs a good ship, and great guy if you are part of his team or enjoy his patronage or benefit his goals/vision. Him and his team understand technology, appreciate doing what they do. They are one of the forward looking tech teams at PP. But, it comes with usual red herrings though.
Now that DM is gone, I am very bearish on PayPal. Good news is he can now openly mentor and advice entrepreneurs in the space.
Shower thoughts: Maybe I should write a full blog post with all the spicy stuff! (with GOT memes)
as far as topic at hand is concerned, MR from Braintree will be working closely with DM and directly. So expect only good things. Buying Braintree is a business play. (Just check out their numbers and clientele). PayPal can try to get clients like AirBnB or Uber but those startups would try every other bush before PayPal.
Hope this helps
P.S: I work for PayPal and probably one of the strong proponents of it. The above opinions are purely mine. and No i have not been canned or put in a timeout box.. yet!