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“PayPal’s leadership had everything under control” - 2023
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solidheron sh.itjust.works solidheron@sh.itjust.works
Joined: 2025-12-29
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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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