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by hibikir 17 days ago
What I find weird about this is that JohnC has been saying for decades that large mergers are pretty bad for both companies. You spend 2,3 years in limbo, figuring out what in the world to do with the other large organization. When Stripe makes acquisitions it's historically been small companies, doing things Stripe isn't doing. It's the kind of situation where pc is unlikely to speak publicly here, but I sure would love to understand what the plan is, if just as a shareholder.
1 comments

On the other hand, reducing competition and consolidating the market within the combined organization is good for the misshapen franken-org that comes out at the end...

The question is whether or not they can weaponize the regulatory system to prevent smaller competitors from taking advantage of their confusion.