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bdcravens
on Sept 26, 2013
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PayPal Acquires Braintree for $800M
I'm amused that photo-sharing companies are more valuable than CC payment processing companies that actually generate revenue.
jareau
on Sept 26, 2013
[–]
COGS for your standard photosharing app are much lower than for a payment processor and they don't have to deal with crazy amounts of risk (CC chargebacks). But yes, I get your point.
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