Comment by Taikhoom10
4 hours ago
No, Stripe's mega plan is to create a consolidated internet offering for internet-first businesses, not price gauging, the masterminds behind this are not corporate suits, rather founders that deeply understand business strategy - https://s-1.vercel.app/posts/what-stripe-can-become-broader-...
Stripes founders aren't suits but they're just as eager to make money. Their payments business is low margin and they're hungry for anything higher margin they can attach.
Yeah, Amazon didn’t let its low margin retail business prevent them from taking high margins in AWS. I’m not sure why it is assumed Stripe would stay low margin.
Well, they should be motivated by profit, especially if they can create an integrated solution, the convenience means everybody wins.
I don’t think you understand just how much money Stripe currently makes.
Doesn’t make them high margin, though.
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