This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter.
Stripe's top executives observe a "growing advantage" of remaining a privately held company, they said in a letter to investors last week.
This year marked the start of what Stripe executives called "a large inflection in long-run trends," fueled by artificial intelligence, wrote John and Patrick Collison, the Irish brothers who co-founded Stripe in 2010 and still lead it.
Being a private company offers "a growing advantage as we venture into the vicissitudes" of this era, they wrote on Wednesday. The letter was also signed by Will Gaybrick, Stripe's president of technology and business. Patrick Collison is the company's chief executive and John Collison is its president.
A Stripe spokesperson on Thursday confirmed the authenticity of the letter, which was first reported by Axios, the newsletter publisher.
#collison #letter #patrick #daily
Stripe's top executives observe a "growing advantage" of remaining a privately held company, they said in a letter to investors last week.
This year marked the start of what Stripe executives called "a large inflection in long-run trends," fueled by artificial intelligence, wrote John and Patrick Collison, the Irish brothers who co-founded Stripe in 2010 and still lead it.
Being a private company offers "a growing advantage as we venture into the vicissitudes" of this era, they wrote on Wednesday. The letter was also signed by Will Gaybrick, Stripe's president of technology and business. Patrick Collison is the company's chief executive and John Collison is its president.
A Stripe spokesperson on Thursday confirmed the authenticity of the letter, which was first reported by Axios, the newsletter publisher.
#collison #letter #patrick #daily
2 days ago
