a16z Podcast

a16z Podcast: The Evolution of Payments

Feb 11, 2018
John Collison, co-founder and President of Stripe, shares insights into the evolution of payment systems. He discusses how Stripe identified untapped opportunities in a seemingly saturated market. The conversation touches on the dynamic between startups and incumbents, the importance of scaling in payment processing, and the competitive landscape dominated by giants like Visa and MasterCard. Collison emphasizes viewing costs as investments and the necessity to modernize data utilization for improved fraud detection and revenue management.
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