Adyen

“Companies like Stripe and Adyen will certainly be multi-billion dollar successors.”

“We started a company with engineers and a few salespeople, and for a long time, that's the only Two major roles we have in the company.”

“We've always been very predictable about what a deal should look like common shares for everyone. We kept it very, very simple, and it's really yeah, played out really well in the end.”

“Making small tweaks to that suddenly changed the responses. So we were seeing two, three percent more approval rates.”

“We don't have a roadmap because we just know what we're working on. And we have big themes that we're working on, but we really want to keep the flexibility that we can make changes all the time.”

“I think if you look at payments in general, probably 85% of all electronic payments out there are currently still processed by banks, old systems. That's all out there to be To be replaced with something better.”

“So in these markets, people pay with debit methods or with online banking based payment methods. And in these countries, they represent maybe like 80% of all online transactions in store transactions.”

“If you submit a payment to Visa MasterCard, it's not just a card number and a name. No, we submit over a hundred data points.”

“I remember last year, the eBay announcement came out PayPal took a ten billion haircut in market value, and all of a sudden, like, my LinkedIn, email, phone, Adyen, what is this?”

“If my calculation's right, I think market cap today is a little bit north of twenty-two billion.”

“I know that Adyen was top in our portfolio in terms of revenue per employee. I think Adyen was also top in terms of 300 investments we made or so in terms of efficiency of those revenues, meaning that to generate that one extra dollar of revenue, how much capi…”

“And a specific choice we've made that we never want to be at the forefront. We never decided to run our own wallet or run our own payment methods. We always made a very clear distinction, a very clear focus. Our role is to help merchants grow.”

“We never build anything if we don't know which customer will use it and when.”

“We took the step to integrate directly with Visa MasterCard, really replacing the banks, the processing systems, and really, yeah, trying to eliminate the role banks play in payment handling, by going directly to these Visa MasterCard networks.”