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The Final Edition

thebarefootvc

acquisition of Plaid by Visa, in a highly competitive deal, shows how even the largest incumbents are feeling pressure to innovate and need to think outside of their current business models. The recently announced $5.3B No entity is immune to technology disruption.

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Mobile Payments: The Trillion Dollar Industry That's Never - AgileVC

Agile VC

That sounds like a lot of responsibility for someone fresh out of undergrad as I was then, but in reality both of these were peripheral elements of PayPal’s core web-based payment product which was still heavily concentrated on eBay auctions at the time. So not a new store of value and this is basically scenario #1 described above.

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