Re:Black Swan Seed Rounds
by bellerocky on Monday July 28, 2014 @03:46PM
(#8098943)
The argument that Stripe was a black swan comes because getting into established industries with significant regulation used to be considered dead on arrival, now it's hip.
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Re:Black Swan Seed Rounds
by recalibrator on Monday July 28, 2014 @03:51PM
(#8098964)
That's the heroic narrative used by investors like Sam, but I don't believe it.
Keep in mind Stripe's original name was /dev/payments. If you do some research you'll see they were in a pretty bad spot right until they opened publicly as Stripe.