Paypal

Paypal is separating from eBay and is expected to go public sometime next year. I fear that if the current appreciation levels on the stock market remain, the IPO will be way too expensive. We've seen this with most "internet companies" such as Alibaba and Twitter.

But I do see paypal as a very good company and I have no doubts about them being very profitable, but as I said I'm a bit worried about the listing price. I guess only time will tell, but if it isn't too high then I think I'll buy some. (obviously need to see proper financials before I make the last decision)

Thoughts on paypal or their upcoming IPO?

 

I heard about this on the news today. I think it's a good move for both companies. Their original partnership made sense but now they are slowing each other's growth. They are too big to be tied together. I expect the IPO to be quite pricey as well...interested in seeing what it will be!

 

I'm particularly curious about the rumors of what transpired between Paypal and Apple Pay. Specifically, it's believed the eBay higher ups wanted Paypal to also partner with Samsung and this essentially miffed Apple so badly that they opted to go without Paypal entirely. Not to sure on what the success rate will be with Apple Pay, but it's always hard to bet against them.

That said, as for the Paypal IPO I can imagine tons of people jumping on that band wagon early.

 

Let's see how ebay will process it's payments with the new company, I feel that many people trust PayPal, but they trust ebay as well...

 

There's no bad blood between the two companies.

Splitting up is a smart business move so that Paypal can work with those who unwilling to work with eBay for some reason.

The split it is rumored will allow Paypal to take on Apple pay. They most likely will go for mobile payments on Android.

I think that's how it will go down. Everyone else will team up against Apple. As for the IPO, until I see what a share costs, I can't say whether I'll be getting any.

 

Paypal surely is one of the oldest online payment processors still online and I believe that it will still remain its credibility.

 

Unless PayPal partners with a company like Amazon or gets acquired by another company, then I can't see it competing with Apple Pay anytime soon. PayPal processes plenty of mobile payments through PayPal Here, but it's not a mobile wallet, and the company's current mobile wallet leaves a lot to be desired. It's a smart move to split the companies, but PayPal has plenty of work ahead for itself.

 

That's how things go, big moves, huge profits.

 

It sounds like a big move to me on the eBay's part. I mean making millions off from those shares is worth it. I wish I had all those shares to live off from I could get all the bills paid and have some work done on the house.