Energy is difficult to predict over the stochastic nature that is collision behavior
The only limits on Stripe's potential are the energy of the Collisons and the size of their market. Which one runs out first?
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You do know that Collison is the surname of the two brothers that founded Stripe?
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Don't know the Collisons personally but they seem (a) energetic and (b) mindful of their own limitations and energy input / output. I'm guessing size of the market. Which, listening to
@collision on@patrick_oshag podcast, seems to still have a long way to run.Thanks. Twitter will use this to make your timeline better. UndoUndo
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They have a lot of road left left in them
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How clear was it when you first met them that they would go on to be exceptional founders?
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The first time I met Patrick in person was when he came to the US to visit colleges at about 18. This was before we started YC, so I wasn't thinking about who'd be a good founder, but if I'd asked that question, my answer would certainly have been yes.
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I’ve always wondered at what point do they have enough scale where it makes sense for Stripe to be the card issuer and the processor? I don’t know how much of that 3% is going to Visa, Chase, etc but I’m sure it’s significant. Same for Apple Pay.
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A counter argument I think would be that when you have scale, I would suspect stripe are getting a very good deal from the issuer / processor. Not sure. With a big enough monopoly, at some point they could even charge the issuer.
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Ofcourse markets, like ideas they are immortal.
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You can always create or expand to new markets. E.g. Amazon. Stripe seems to be just starting up.
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