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← Cards cannot be the last word in payments, because society keeps…
17 connected korrents · 17 moments from 15 Feb 2022 to 22 Sept 2026.
Everything filed under innovation
innovation
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investing Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Cards cannot be the last word in payments, because society keeps making things that do not fit the card business model. Cards cannot be the last word in payments, because society keeps making things that do not fit the card business model. Last stated a year ago
13 Aug 2025
PM
Patrick McKenzie — holds since 2025-08-13 — tap for who they are
Same subject: Having banked almost everyone does not entitle banks to a fee on every transaction in society. — tap to centre the map on it Having banked almost everyone does not entitle banks to a fee on every transaction in society. Last stated a year ago
13 Aug 2025
PM
Patrick McKenzie — holds since 2025-08-13 — tap for who they are
Same subject: Card payments cost two to three percent because of how the industry is structured, not because moving money has to cost that much. — tap to centre the map on it Card payments cost two to three percent because of how the industry is structured, not because moving money has to cost that much. Last stated 4 months ago
9 Jun 2026
BG
Bill Gurley — holds since 2026-06-09 — tap for who they are
Same subject: Companies that avoid taking risks rarely succeed in the tech industry. — tap to centre the map on it Companies that avoid taking risks rarely succeed in the tech industry. Last stated 4 weeks ago
22 Sept 2026
RM
Ray Maker — holds since 2026-09-22 — tap for who they are
Same subject: Americans are not, as a routine matter, cut off from the financial system for their politics. — tap to centre the map on it Americans are not, as a routine matter, cut off from the financial system for their politics. Last stated 2 years ago
9 Dec 2024
PM
Patrick McKenzie — holds since 2024-12-09 — tap for who they are
Same subject: The schleps of building a payments company were repaid, because no Stripe customer has ever turned out to be boring. — tap to centre the map on it The schleps of building a payments company were repaid, because no Stripe customer has ever turned out to be boring. Last stated 3 months ago
31 Jul 2026
PC
Patrick Collison — holds since 2026-07-31 — tap for who they are
Same subject: Money someone will never spend is not really their own. — tap to centre the map on it Money someone will never spend is not really their own. Last stated a month ago
8 Sept 2026
NM
Nick Maggiulli — holds since 2026-09-08 — tap for who they are
Same subject: An idea is only validated when people take out their credit cards and pay for it; signing up proves nothing. — tap to centre the map on it An idea is only validated when people take out their credit cards and pay for it; signing up proves nothing. Last stated 2 years ago
20 Aug 2024
PL
Pieter Levels — holds since 2024-08-20 — tap for who they are
Same subject: The point of money is what it can earn, not what it can buy. — tap to centre the map on it The point of money is what it can earn, not what it can buy. Last stated 8 months ago
3 Mar 2026
JC
JL Collins — holds since 2026-03-03 — tap for who they are
Same subject: "Lots of anonymous people worked it out by trial and error" is never the real story of an invention: on closer investigation, identifiable people always turn out to be responsible. — tap to centre the map on it "Lots of anonymous people worked it out by trial and error" is never the real story of an invention: on closer investigation, identifiable people always turn out to be responsible. Last stated 3 years ago
25 Oct 2023
AH
Anton Howes — holds since 2023-10-25 — tap for who they are
Same subject: A capability existing is not the same as a capability being absorbed: how fast a technology changes the world is not set by how fast the technology improves. — tap to centre the map on it A capability existing is not the same as a capability being absorbed: how fast a technology changes the world is not set by how fast the technology improves. Last stated 3 months ago
21 Jul 2026
RT
Ruxandra Teslo — holds since 2026-07-21 — tap for who they are
Same subject: A codec does not really exist until everyone can decode it. — tap to centre the map on it A codec does not really exist until everyone can decode it. Last stated 5 months ago
31 May 2026
JK
Jean-Baptiste Kempf — holds since 2026-05-31 — tap for who they are
Same subject: A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. — tap to centre the map on it A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. Last stated 5 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. — tap to centre the map on it AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. Last stated 4 months ago
18 Jun 2026
LT
Lip-Bu Tan — holds since 2026-06-18 — tap for who they are
Same subject: Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same. — tap to centre the map on it Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same. Last stated 2 months ago
3 Sept 2026
PG
Paul Graham — holds since 2026-09-03 — tap for who they are
Same subject: "Move fast and break things" is the wrong mantra when you are dealing with atoms; the job is to move fast and ship safely. — tap to centre the map on it "Move fast and break things" is the wrong mantra when you are dealing with atoms; the job is to move fast and ship safely. Last stated 3 months ago
3 Aug 2026
DD
Dmitri Dolgov — holds since 2026-08-03 — tap for who they are
Same subject: AI companies promote themselves around 'taste' because their products are unappealing outside tech circles. — tap to centre the map on it AI companies promote themselves around 'taste' because their products are unappealing outside tech circles. Last stated 7 months ago
26 Mar 2026
KC
Kyle Chayka — holds since 2026-03-26 — tap for who they are
Same subject: Algorithmic optimization can optimize people to be resentful and angry online — tap to centre the map on it Algorithmic optimization can optimize people to be resentful and angry online Last stated 5 years ago
15 Feb 2022
DH
David Heinemeier Hansson — holds since 2022-02-15 — tap for who they are