Lou Whiteman

I mean, everything I just said, this is an ideal scenario to take a company private, use those cash flows to pay down the debt, and also kind of get out of this quarter to quarter spotlight of when will you grow, which I think would help this business.

We'll see what's going on here.

One thing I think, though, is that PayPal is not on the block.

So, they haven't put themselves up for sale?

I don't believe that.

I think that the market, that opportunistic potential acquirers are looking at that drop and realizing everything I said is true, that this is not a distressed asset and maybe we can do a deal here.

We can talk in a second about rumored buyers, potential buyers.

To me, someone like Silver Lake Partners makes a ton of sense on the private equity side.

Even there was talk of Addian.

the European payments company, which, you know, kind of create a, just kind of give them everything they need in the U.S.

and build on their strengths elsewhere.

I think that if PayPal did go on the block, there'd be a lot of at least people wanting to look at it, but we'll see where this goes.

Yeah, the valuation is really interesting.

I'd love to know that in the time of a deal, whether or not PayPal shareholders would agree with that valuation.

Yeah.

I mean, the great thing about the public markets is that all of the buyers, all of the sellers, the sheer mass of people, that's how you get to price discovery.

So, yeah.

But that's neither here nor there.

Look, Stripe is a really, really good business.

They have been a great success.