

PayPal Finally Finds Its New Chief
Aug 14, 2023
Jason Moser, an investment analyst at The Motley Fool, joins Deidre Woollard to dissect the future of PayPal under its new CEO, Alex Chriss. They evaluate Dan Schulman's legacy and ponder whether Chriss can rejuvenate PayPal’s ambitions of becoming a super app. The duo also analyzes U.S. Steel's acquisition drama by Cleveland Cliffs, shedding light on industry dynamics. Plus, expect some amusing banter about quirky business trends and the cultural impact of the Barbie movie!
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Schulman's Mixed Legacy
- Dan Schulman's legacy as PayPal CEO is complex, marked by initial success after the eBay spinoff.
- His later pursuit of a "super app" concept and questionable acquisitions led to a decline in stock performance.
Super App Challenges
- The "super app" concept, while popular, faces challenges in the U.S. market.
- Unlike WeChat's success in China, the U.S. market has numerous established apps, making a single, all-encompassing app less appealing.
Honey Acquisition Question
- Deidre Woollard and Jason Moser discuss Dan Schulman's exit interview.
- Moser expresses curiosity about Schulman's perspective on the Honey acquisition, given its uncertain success.