Hacker News new | ask | show | jobs
by kazanins 1511 days ago
Hi!

Agree on Venmo/Amazon deal. I guess they had to announce something positive on the earnings call, and this partnership was the only thing they had in their pocket.

You raised a good point on innovation! I would add that PayPal stopped innovating long time ago, and all their innovations came through acquisitions (including Braintree and Venmo).

They are still a big and a profitable company, but they are clearly struggling right now.