Definitely shocked me. Already had low expectations, but holy s*** it was shocking to see how mediocre the news was and incompetent this CEO is.
Oh my dam
Stupid CEOs living in their little bubbles.
The CEO came from intuit lol doesn’t know a thing about shocking the world
Alex shocked the world by not shocking the world!
Yes. Lost 8k 🤣🤣🤣
Problem with PayPal is simple they had lot of innovative folks & products but in ebay days they decided to start bringing over lot of offshore engineers (from India) onshore as full time employees as they were cheaper. They eventually made up most of company that strategy worked as long as you had solid product leadership to guide them. Eventually lot of folks from product leadership left as they got pouched by fintech startups like Square, Stripe etc. Rest of employee have no industry experience and as a result they are simply keeping the lights on. As a result they have fallen behind the likes Square, Stripe, Toast, Affirm etc inspite of being the first to market in every one of those segments.
The assumption here is that the so called cheap labor from India cannot perform the same level as people here. Is that right?
Wasn’t Square first to market? 🧐
I sold for a loss almost a year ago. Glad to have accepted that L.
At what price did you buy
It was somewhere between $150-$200 when it nosedived from $300. Nosediving never stopped lol. I sold in batches around 70-80. It was a small holding, so I'm not bothered.
This stock will keep dumping FOREVER!!!
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Crossed a line with my boss
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Women, help me understand why this is inspirational
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What happens when most of your team is Indian?
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Closed now - thank you all
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He shouldn't have used the word "shock".. It's going to rebound maybe not to it's pandemic highs but 100$ seems reasonable atleast in the short term, fundamentals are still solid
No, no he shouldn’t have.
Rookie mistake