Stripes founders aren't suits but they're just as eager to make money. Their payments business is low margin and they're hungry for anything higher margin they can attach.

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cowsandmilk 4 hours ago | parent | next [-]

Yeah, Amazon didn’t let its low margin retail business prevent them from taking high margins in AWS. I’m not sure why it is assumed Stripe would stay low margin.

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Taikhoom10 5 hours ago | parent | prev | next [-]

Well, they should be motivated by profit, especially if they can create an integrated solution, the convenience means everybody wins.

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Klonoar 3 hours ago | parent | prev [-]

I don’t think you understand just how much money Stripe currently makes.

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christophilus 2 hours ago | parent [-]

Doesn’t make them high margin, though.

	▲	Taikhoom10 an hour ago \| parent [-]
		Margin is not necessarily important. You would much rather be Amazon and take 50% of e-commerce at a small margin than be a SaaS with 80 +, but your market is inherently tinier. Plus, the ads business built on top of retail is better than AWS and retail. AWS is great, but ads is higher margin, grows with retail, and is something you see across so many aggregators. https://s-1.vercel.app/posts/marketplaces-airbnb-future-foun...