Is Stripe or Square bigger? Why is Stripe such an Internet darling compared to PayPal and Square?
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masonette
Jan 2, 2021
8 Comments
What is the marketshare for Stripe compared to PayPal and Square? Why is Stripe so respected on Blind compared to PayPal and Square? Is Stripe dominating the payments space?
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Being absolutely sure of your abilities means you have to avoid stretches of bad luck too. If you are having challenges raising kids from home, death in the family, sickness, etc — a bad couple months can be the end of your career there. The Collisons are becoming ruthless, Bezos-esque in some ways (and will probably come out very successful). The deteriorating rating is probably a lagging indicator of that. I won’t say Square is better because I don’t know, but Dorsey is more seasoned and the company is already post-IPO, tells me they are more stable, mature and humane. I believe in Stripe long-term, and that holds high standards and will absolutely thrive as a business. Its growth and product quality blows my mind, even as an insider.
I’d say Stripe is an internet/SV “darling” because the founders are solid people and we’re super developer friendly.
The main difference is Stripe is a startup while PayPal and Square are public companies.
Dominating? Not yet by TPV, but down the line definitely