Aged Like Milk

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A community dedicated to all those things in media and elsewhere that didn’t stand the test of time, at all.

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Avenging5@sh.itjust.works

“PayPal’s leadership had everything under control” - 2023 (i.redd.it)

submitted 2 months ago by solidheron@sh.itjust.works to c/agedlikemilk@sh.itjust.works

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Fast forward to 2026: PayPal just fired its CEO, the stock is sitting at its lowest level since 2017 (sub-$44), and the company is trading at ~7.4x forward earnings.

A few years ago, the narrative was that PayPal was a long-term fintech winner with strong leadership and a durable moat. That did not age well.

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[–] IAmLamp@fedia.io 8 points 2 months ago

Turns out that fucking over your customers is not the best business model. Who knew?

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