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2.7K posts
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@WagerWizard00
Lawyer | Value Investor | PayPal Bull | Retired Gambler | Libertarian | CrossFit
Katılım Haziran 2024
119 Takip Edilen96 Takipçiler
People think buying a house is a “smart
Investment”
My friend bought a great house in 2007 for $650k
Today he can’t even sell it for $775k
That same $650k in the S&P 500?
Now worth $4.29 million
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@George_Dubs_ @weary_centurion In such a scenario, PayPal reduces share count to ~ 250M and generates more FCF than today…7/B most likely. Stock prob jumps to 200+
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@George_Dubs_ @weary_centurion I agree with this. Sell Venmo and maybe even Braintree, right the size the business and refocus and go all in on PayPal branded. I think the refocus gets it back to double digit growth
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$PYPL
This is ultimately why I sold PayPal
It wasn’t the valuation it’s because I lost faith in the BOD after they axed Alex Chriss
Diego Scotti and Michelle Gill were probably the highest achieving execs during Alex’s leadership
Diego did amazing things with Venmo and Michelle managed to inflect SMBs back to growth
I do not think it’s coincidental that they have departed
As time goes on it seems more and more likely PayPal is going to be broken up and sold for parts
It will probably work out ok for shareholders but it’s a painful reminder of what PayPal could have been if it was managed correctly and not neglected to the point of deterioration under Schulman
I don’t think it would have mattered who the CEO was who took over in 2023, it was destined to fail. Nobody knew the full extent of the damage under the hood
I also suspect there is an entrenched corporate culture there which is obstructive towards innovation and meaningful change
A real shame
StockOpine@Stock_Opine
PayPal just dropped a new 8-K and it’s raising some serious red flags. 🚩 Yet another major leadership shakeup. Two EVPs are out: Diego Scotti (Consumer Group) and Michelle Gill (Small Business). Scotti’s exit is especially notable as he was the executive driving Venmo’s growth and monetization, and he led the launch of PayPal Everywhere and PayPal Ads. $PYPL is shifting to a new 3-unit operating model, but they are leaving critical growth engines like Venmo to interim leads. How many executive restructurings does it take before we start questioning the stability of this turnaround story?
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This week we're excited to start piloting nearby payments in Cleveland, Philadelphia, and Chicago!
You can pay people nearby (or get paid 💰) faster, smoother, and easier than ever before. Feels like magic.
Will scale to all of you soon 😍
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Revolut buying Venmo with it's 100M users in the US would be huge gear change for Revolut in US market.
Can it afford it, and manage the development afterwards?
Shay Boloor@StockSavvyShay
$PYPL is separating Venmo into a standalone business unit under new CEO Enrique Lores. The move makes Venmo easier to track and potentially easier to sell as takeover interest circles PayPal.
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President Trump: KABOOM 💥
"Beginning next year, every American will be able to go to TrumpIRA dot gov and open a new low-cost IRA account— you’ll enjoy through the Thrift Savings Plan— low income Americans will be eligible to receive up to $1,000 per year in matched deposits into their accounts— Example, a 25 y/o in this program will have an estimated $465,000 in their account by the time they're 65. In other words, they'll be rich."
rumble.com/v797w3i-trumo-…
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@Stock_Opine The old exec team didn’t execute. Why would shedding an exec team that failed be a bad thing?
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PayPal just dropped a new 8-K and it’s raising some serious red flags. 🚩
Yet another major leadership shakeup.
Two EVPs are out: Diego Scotti (Consumer Group) and Michelle Gill (Small Business). Scotti’s exit is especially notable as he was the executive driving Venmo’s growth and monetization, and he led the launch of PayPal Everywhere and PayPal Ads.
$PYPL is shifting to a new 3-unit operating model, but they are leaving critical growth engines like Venmo to interim leads.
How many executive restructurings does it take before we start questioning the stability of this turnaround story?
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@darrelltalksfi Yeah but by that time a double cheeseburger will be 20 bucks
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I just hit $100k in my 401(k) and it only took 6 years. If I don’t contribute another dollar, I’ll retire a millionaire.
Compounding is truly amazing.
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Virtually every major success you see out of the new FBI today under President Trump is a direct result of Dan Bongino’s work.
He didn’t have to do it, but chose to step away from a lucrative career to serve.
Now the new FBI is arresting bad guys at a record clip, communicating with the American people more than ever before, breaking down bureaucracy every day, and has an entirely new enterprise operation with more accountability mechanisms and better operations across the board.
None of it would’ve been possible without his work.
Thank you @dbongino. 🇺🇸
Sean Hannity 🇺🇸@seanhannity
“We’re wiping all that out.” Dan Bongino on changing how the FBI handled violent criminals. Full episode out now on YouTube and Spotify.
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@mattbird55 @Dr_Crossroads @Spike_1567 @EnriqueJLores @acce True but idc. I’ll watch my stock sky rocket when they cash that 30B dollar check and buy back 75% of the company with it
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@WagerWizard00 @Dr_Crossroads @Spike_1567 @EnriqueJLores @acce If they sell Venmo to let's say Stripe, that would be selling a prized asset to one of your biggest competitors. How does that make any sense long term? Short term Lores might make a few $ on his options but long term it sucks.
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$PYPL One of the things that former CEO Alex Chriss did was integrate the siloed aspects of PayPal's business into a whole unit.
This was necessary. PayPal had failed to digest and accelerate past acquisitions, to the extent that Pay With Venmo competed directly with branded paypal (at a lower take rate).
The only way this move makes sense is selling Venmo, which is easier to do as an independent business unit, which is what I am expecting this indicates.
Wall St Engine@wallstengine
CNBC: PayPal $PYPL is separating Venmo into a standalone business unit under new CEO Enrique Lores, a move that could make the app easier to track or potentially sell. The reorg comes as takeover interest has circled PayPal, with Venmo seen as its most valuable asset.
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@mattbird55 @Dr_Crossroads @Spike_1567 @EnriqueJLores @acce As a shareholder, why would you not want this?
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@WagerWizard00 @Dr_Crossroads @Spike_1567 Selling Venmo is a ridiculous strategy. Hopefully that's not the angle. Short term gain to boost @EnriqueJLores options? 😬 Bring back @acce !
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@BrixtonInvesta @Dr_Crossroads It’s about growing the stock price for shareholders. Selling Venmo for 30B would allow them to buy damn near the whole company back, so stock price would sky rocket
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@Dr_Crossroads What a short-sighted move by Lores! PayPal doesn't need cash, they need growth! Why remove the most appealing and fastest growing asset (before it reaches full potential)?.. bearish
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@Dr_Crossroads @Spike_1567 What if the sell brain tree for 10B too ha. Gemini says Venmo sells for 30-35B. In that case PayPal going to 200 easy
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@WagerWizard00 @Spike_1567 I don't think it's going above $100.
But yeah, it'll provide a nice bump.
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@Dr_Crossroads @Spike_1567 Don’t you think a sale would be great for PayPal shareholders. Even if they got 10-20B for Venmo. They could take that and do a one one time buyback and retire half the company today. Stock would rerate to well over 100 and they still would be doing 6B in FCF.
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@Spike_1567 It is. If they sell it, PayPal will fade into further obscurity and will shift into declining revenue beyond just the year headwind.
I don't own this any longer, but this is fantastic for traders, and not great for those who wanted this long-term.
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@MrsErikaKirk Look at yourself. You’re weird as fuck. You have a tramp stamp but proclaim to be Christian
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@George_Dubs_ @Stock4Profit Hahaha be nice to George. He has 250k invested in prpl. He might jump if this thing doesn’t turnaround
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