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...“The funders are buying stock directly from the company and then they’re selling that stock in the market. The people who are buying it are retail traders.”...
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...“They’re here to stay and they’ve been growing significantly, and we firmly believe the growth will continue to be very strong.”...
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...PayPal is in a funk. Investors have soured on the stock....
...PayPal has offered trading in bitcoin and ether, the two most popular cryptocurrencies, since 2020....
...This is bigger than any of PayPal’s own deals, which include buying payments start-up iZettle for $2.2bn in 2018 and price-comparison app Honey for $4bn in 2020. PayPal wants to expand its empire....
...Biden: The US president heads to New York for his 2024 re-election campaign....
...They’re lottery tickets on financial market outcomes. People like to gamble, and other people like to make markets in those bets. And net-net the winners are not the gamblers but the casino....
...“People got a little bit more comfortable with the pricing environment we’re in [in the US],” said Hannes Leitner, an analyst at Jefferies....
...They’re not dark markets. They’re ATSs, they’re regulated by you. What the (expletive) are you talking about dark markets, right? So that’s why I get so bent out of shape about this....
...Earlier this week, the fintech group announced a deal with private capital group KKR to sell up to €40bn in loans. PayPal itself has a brand name and tens of millions of customer relationships....
...Nobel Prize-winning economist Ronald Coase contemplated this question in his groundbreaking work....
...Previous experience in reversing a $293bn share price slump a plus. The company in question is PayPal of the US....
...In June 2022, PayPal was issued a BitLicense by NYDFS after previously obtaining a conditional BitLicense. Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S....
...Miller’s shock move against Moritz — who left Sequoia in 2023 after a near-40 year career in which he had led its investments into Google, PayPal and Klarna — had threatened to open a boardroom schism as...
...“If you’re over 50, you’re probably OK.” Beneficiaries will include “intelligent” blue-collar workers, such as gardeners, plumbers, carpenters and others who can use AI to manage projects....
...Coinbros, hope you’re enjoying the tradfi mainstream. Remember to tip your servers....
...“We’re not anti-sports, but pro-profitable growth,” Sarandos said....
...They've grown pretty impressively, especially in the last few years. They're growing faster than ever. That's pretty rare in business for a company to grow that much and change that little....
...But Ready — previously an entrepreneur, PayPal’s chief operating officer and president of commerce at Google — claims social media can be a kinder place....
...Or as one legal expert put it: “If they think that we’re at the top and so they’re getting out, that’s a rather stark signal to everyone else.”...
...In other words, advertising people, we’re all maggots.”...
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