I haven't said much in the past about @Stripe's board. We're fortunate to add Diane Greene, our fourth outside director today. (All four have to put up with myself and John, for six in total.)
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They're now joined by Diane Greene.
@bhorowitz famously summed her up as a "god level CEO". As founder of VMWare, she helped usher in the cloud revolution, which she then returned to as CEO of Google Cloud.https://twitter.com/bhorowitz/status/883767445953028096 …Show this thread
We're building Stripe for the long-term. We're lucky to do so alongside a roster of detail-oriented directors who think that infrastructure revolutions can compound for decades and that operational excellence can be a surprisingly durable competitive advantage.
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Congratulations, I agree with
@bhorowitz about Diane!Thanks. Twitter will use this to make your timeline better. UndoUndo
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Interesting. Have you read “What is Strategy” by Michael Porter? He says op. excellence is *not* a sustainable competitive advantage.
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Curious to know how these discussions went on your board.
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Great updates! Do you foresee Bitcoin playing a significant role in Stripe's future again at some point?
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No. They’re too busy partnering with centralized shitcoins like Stellar.
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love the women ratio! Diversity could use some work :)
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Sooner rather than later, you should add a board member OUTSIDE of Silicon Valley Hi Tech. Specifically, someone well versed in complexities of institutional innovation at intersection of finance, value networks, and digital civil liberties (security, privacy, regulation, ...)
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As a case study in what *not* to do, consider the history of Facebook's Board of Directors. From 2006 onward, the Board failed to provide adequate guidance and governance re: privacy & value networks. To this day: no Risk Committee. Also, blame the dual-class Common Stock.
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In 2006 - 2018 Facebook grew to become a dominant transnational non-governmental organization/community. During this time it has NEVER had a Board Member whose expertise has been in sociology, norms, ethics, governance, civil liberties, privacy, etc.
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What an incredible brain trust.
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That is an awesome list, congrats.
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For getting your first VC , Michael , was there something in particular skill wise that he brought to the table for you guys as a younger company in 2011?
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Hello Patrick! I really need you to just LOOK into my pinned post! I would love to create a state of the art club here in Las Vegas. Property holds its value and once the NFL team arrives value will increase! My resume is SOLID! ROI is less than 6 years. 500k month bar sales!
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Pat ,
when stripe crypto settlements on the blockchain ?Thanks. Twitter will use this to make your timeline better. UndoUndo
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If you’re ever looking for number seven, I’m sick at the whole detail oriented thing.
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Congrat!!
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Why was this the right time to augment the board? Do you plan on adding a 7th director?
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