If you listen to Peter Thiel and Elon Musk and the others who were in on the ground floor of Paypal as venture capitalists, it's basically illegal to found a Paypal competitor now; the ladder got pulled up after Paypal finished climbing it.
The compliance costs alone prohibit another payment processor startup.
If you listen to Peter Thiel and Elon Musk and the others who were in on the ground floor of Paypal as venture capitalists, it's basically illegal to found a Paypal competitor now; the ladder got pulled up after Paypal finished climbing it.
The compliance costs alone prohibit another payment processor startup.