[lern_too_spel]

If anything, this shows that Stripe's competitors believe that Stripe is competently managed. If Google announced a product in this space, Plaid's CEO would have yawned. Google announced a Slack competitor that would be a free addition to its business suite in 2017, and Slack IPO'd two years later at a $30 billion market cap. SPOT opened higher the day after Google announced YouTube Music. I remember when companies would worry that Google would compete with them, but if your product isn't something that can be served on the search results page, there was never anything to worry about.

[cyberlurker]

Because they kill so many products a few years after launch. They could launch the best whatever app in the world and most people would never touch it because they don’t trust it will be around in a year.