Michael McCloskey - His journey to become a value investor, Visa and the whole credit cards industry
The Education of a Value Investor
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Payday Lending - Is Stripe a Threat?
By now pay later companies aren't making any money at present so maybe the VCs will get tired of funding them. Or maybe they'll find a business model I don't know. But I don't worry about them too much. There's a one of the early employees of stripe is a guy called Patrick McKenzie and he lives in Japan. His blog is fantastic. He has done an incredible takedown of tether which is just great, if somebody emails me I can send you the link it's still up on his website. Also did analysis of these of after pay basically said look it's consumer financing.
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