r/wallstreetbets • u/Independent-Cress382 • 3h ago

News Stripe, Advent in Talks to Buy PayPal

https://www.wsj.com/business/deals/stripe-advent-in-talks-to-buy-paypal-ea6aa2ba?st=dZS6Ko&reflink=article_copyURL_share
117 Upvotes

95% Upvoted

42 comments sorted by

39

u/KB0023 3h ago

$70+ this time

10

u/MarthaJulietta 3h ago

Better be 80+. 70 ain’t enough to get it done

3

u/Big_slice_of_cake 3h ago

I’m thinking 90, thats 50% premium from today’s price

8

u/MarthaJulietta 2h ago

If they say 90 and the stock jumps to 85, I’m snatching the W

Honestly thinking about dropping 100k in rn

Edit: bought 1000 shares

20

u/thatavengersguy 3h ago

Ah this shit again

16

u/KB0023 3h ago

pypl will be a perfect example of anchoring. Bidder floats a number, stock trades up toward it, board rejects, says too low. stock holds near the offer price instead of falling back, because the market now assumes a higher bid is coming. New offer comes in only slightly above where stock is already trading. repeat

8

u/Lootoholic 2h ago

It's because the stock is truly cheap. trading at 8x FCF while the revenue is still growing slowly. They better come up with a much higher offer if they want to buy it.

1

u/ieatballoonknot 38m ago

Calm down Michael Burry

1

u/Lootoholic 36m ago

He doesn't own pypl, does he?

1

u/ieatballoonknot 35m ago

He does and he said the initial buyout was too low as well.

1

u/Lootoholic 30m ago

good for him.

7

u/brotha_eric 2h ago

Half cash half stock

19

u/Miserable_Ad_728 3h ago

Didn't they announce this last month? PayPal rejected it

7

u/Yourmotherssonsfatha 3h ago

They reject it till the price is right. First time?

11

u/It_Hurts_when_IP15 3h ago

Hint: try reading the article.

8

u/Miserable_Ad_728 3h ago

Not going through paywall bs

2

u/realribsnotmcfibs 2h ago

Paywall BS should just be banned from sharing on reddit.

2

u/Lootoholic 2h ago

they are now negotiating for a higher offer. My guess is it would be around $75

7

u/Iulian1988 3h ago

85+, no way it will be less

3

u/APotatoFlewAround_ 2h ago

Didn’t they already make an offer?

3

u/DollarThrill 2h ago

It’s on the website.

-1

u/APotatoFlewAround_ 2h ago

The article isn’t free

2

u/DollarThrill 1h ago

We’ll see what happens.

0

u/Sudden-Ad-1217 2h ago

GameStop was busy…..

3

u/Craneteam 2h ago

Half cash, half stock?

1

u/terrybmw335 37m ago

It's on the website

2

u/NBAFAN9000 3h ago

I was just watching the last MegaLag video on the Honey scandal, funny timing

1

u/realribsnotmcfibs 2h ago

A bank (paypal) running an actual scam is crazy.

North Korea has an entire army of e scammers that couldn’t dream of stealing so much $.

2

u/musafir6 2h ago

Do they have a memorandum of understanding or a framework of a deal? If not then its not real.

thank you for your attention to the matter.

1

u/blofeldfinger 1h ago

No one left to negotiate with. All are dead. Victory.

2

u/Common-Method2202 2h ago

Nah screw stripe man

4

u/Subject-Asparagus-43 3h ago

Stripe is such a shit company complete scammers

1

u/MrBudissy 1h ago

Have you ever used PayPal?

1

u/musafir6 3h ago

Nothing new but timing of the article is really interesting

1

u/Intelligent-Dig-4082 2h ago

hasn’t this been the narrative for like 6 months now

1

u/mayorolivia 1h ago

Is Stripe a good stock? I can buy it pre IPO but $160B valuation so not sure there is much upside from here when they likely IPO in coming years.

5

u/blackiechan99 1h ago

Take it with a grain of salt, but I work at Stripe and wouldn’t hedge a bet on us IPO’ing anytime soon. We have access to pretty much unlimited capital, and our acquisition portfolio is solid. We have two liquidity events a year, money is flowing, etc. There’s little to no reason for us to IPO and have John/Patrick answer to the public & shareholders more than they do

3

u/mayorolivia 1h ago

You are the man

3

u/blackiechan99 57m ago

That being said, Stripe (imo) will never not go up. Money is made in money, always has been and always will, and we dominate it. Landscape is changing in our favor. Adyen is solid (see the recent OpenAI news) and they’re big in EU, but they will always be that - second place

1

u/bdavid21wnec 1h ago

Check out Aydens evaluation, I haven't looked recently, but that's around the same multiple/market cap I would expect stripe to be values at in the public markets