[0xedb]

"We're the exact opposite of Apple in this regard. People will buy fewer iPhones today if they know what the new one will do. But people are probably more likely to buy Stripe today if they know that the future Stripe will be even better"

Will you keep your old iPhone if you knew what the new version will do?

[wsinks]

He's referencing that if you're looking to purchase a new iPhone right at this very minute, no matter if you already have a phone, that purchase decision can be influenced if there's information about a newer product that hasn't been released.

I buy a phone about every 5 years. Will I wait a year if I find out that the new phone has a different chip in it that does something amazing? Absolutely! I'll wait, not give Apple any money this year, and give them money next year.