PayPal

“Run the counterfactual where Peter or Elon is running PayPal. It's a FinTech giant worth a trillion dollars, like no doubt.”

“Like I could have been running something that I think PayPal's peak market cap is like a hundred billion could easily be a trillion if they were still there.”

“It took him longer to write the founder's book than it took PayPal to be founded and then sold to eBay.”

“The basic structure of the deal is as follows. Fifty three billion for all of PayPal. 60 dollars and 50 cents per share offered. 28% premium over yesterday's closing price. But it's a steep discount to last year's valuation. Fifty billion has been committed in…”

“Stripe is partnering with private equity firm Advent International for the deal. They have a lot of deal-making experience in fintech specifically. And I think they're going to go fifty-fifty on the equity portion, but then there's a whole bunch of bank financ…”

“If you could make PayPal even run half as well as Stripe, that's probably worth double what it's currently worth.”