Quote:
Originally Posted by Yastrzemski Sports
Maybe I’m wrong. Maybe PayPal will be fine. They are a publicly traded company. For any public company shrinking business can be a disaster. I would think that the loss of a big client like eBay and their revenue stream could lead to a major restructuring at least. I don’t think many companies could lose that much and not have a big impact. But maybe they’ll be better than ever.
One thing is for sure - as stated before they are throwing us a big middle finger when they should be thanking us for our continued business now that we have a choice.
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I think this could help the "better" thesis, because Venmo has gained so much traction in the past 3 years. It's a verb for many people under the age of 30. Stealing from eBay sellers in the last years of its deal must be Paypal's way of recouping that .98% mentioned by the author.
https://www.fool.com/investing/2018/...-with-ven.aspx