I’ve been using PayPal probably since there has been a PayPal. However, I’ve never looked at it as an investment. I like the trend on revenue, but the EPS seems low at first blush given the number of transactions.
The history looks like a silicone valley who’s who. Which immediately makes me wonder how bad is dilution from share based compensation?
Should we be worried about the new wave of cell phone based payment strategies like Apple Pay and Google Pay and many others? I’d never heard of Venmo until I started reading this thread. Looks like Square Cash is another alternative. How big is the moat?
Taking a closer look but not eager to buy another financial after all the BOFI hoopla