Enrique make it clear that we're not for sale! Not for sale!
26 replies (most recent on top)
I don’t really like PayPal all that much and hate how many of my colleagues have been treated that were laid off. I also hate that we have a massive layoff hanging over our heads. I am underwhelmed that EL is our CEO. All of this said, this is not a serious offer. It’s silly and leaked to pump the stock. There is close to zero chance this deal will be accepted. Board will meet between now and July 20th. They have no obligation to respond. Still nervous about layoffs. But it was a fun distraction.
$80 minimum is what I would accept. Closer to $100 optimal as I have over 6k shares.
@em almost any bank would lend out this loan. If Enrique was d-mb enough to sell it would be an absolute steal for like 7 times FCF. If we had ZERO growth this investment would completely pay for itself in less than 8 years. Absolutely mind blowing how bad our company is treated by Wall Street.
Stripe have got no money to show for. They have to gang up with Advert + Block (AKA Square) to come up with a miserable offer. That just tells you everything you need to know. PayPal generates more money than Stripe. The takeover should probably be the other way around. Laughable.
a CONSERVATIVE estimate has this at $82B.
Segment:
Venmo
$15B
Braintree
$20B
Core PayPal
$40B
Honey/Xoom/other
$5B
Net cash
$2B
Total
~$82B
Has anyone heard anything from management? I thought they would at least address the offer today. I heard nothing.
If the board accept the offer at 60$, they literally should be sent to jail.
Please tell me this id--t is not considering $60/share?!?!?! I haven’t heard anything yet but I would expect to hear a rejection and counter offer pretty soon. I just can’t believe they started negotiating at $60 when we should easily go for $100/share.
@ch he's waiting for the offer to hit 68 or 69 a share so he can cash in on his mega clause. review his hiring package carefully. it's all public.
All this going on and not a word from Enrique. Guess we shouldn’t be surprised. There’s been very little communication from him since he became CEO. Poor leadership all around.
My god this was an awful offer
Early January 2026: PayPal formed an independent special committee to consider CEO successors.
February 2: Alex Chriss was removed; the board selected Lores.
February 23: PayPal had attracted unsolicited takeover interest from multiple potential buyers; at least one large rival was considering the whole company. Advent was not identified.
February 24: Stripe specifically was reported to have preliminary interest in buying PayPal or some of its assets. Again, no Advent mentioned.
February 26: Semafor reported PayPal and Stripe were not then in active talks, while PayPal had already been working with bankers under Alex Chriss to prepare for an activist campaign or unwanted bid.
March 1: Lores formally became CEO.
Early April: An unidentified “initial approach” occurred. Reuters does not clearly say whether this was Stripe alone or Stripe with Advent.
Early July: Stripe and Advent definitely submitted the joint $60.50 offer, proposing equal ownership.
I consider this interesting:
Chriss being removed abruptly + Lores already possessing deep board knowledge + an unusually transaction sensitive compensation package + a formal takeover approach only weeks after Lores arrived.
I do not for one second think that Enrique will have our merchants, consumers, or the employees as his number one interest. Shareholders, yes. Himself, yes.
60 USD is an authentic steal/insult and pure robbery. Giving the company such a low valuation (regardless of what the nonsense of the markets have the share price at). Look at the real valuation, cash position, assets, cash flow and profits... It is absolutely ridiculous, but that's how these vultures operate
@bk I'm not sure it would take years for Stripe to make cuts. With a private equity firm being involved I'd wager the cuts would happen pretty quickly. After making a huge investment of 50 billion plus they will be looking to recoup as much of that ASAP.
@bh yes, Stripe would make cuts but would take years. My concern is how bad the offer was.
Let me get this straight. Stripe is offering a 20% premium on a stock that’s at all time lows that makes $6B a year in FCF? Stripe doesn’t even make $2B a year and it’s valued at $140B. You can’t make this up. I get it’s an initial offer but it’s insulting to everyone at PayPal. The price should start at $90B or higher and that’s conservative. I hope Enrique doesn’t even respond.
@av I don’t think it would be business as usual. I’m fairly certain there would be significant cuts (greater than the reduction next month) .
I have accumulated about 20,000 shares over the last 8 years and this would be a HUGE no for me if brought to a vote. I agree this is insulting and the company was worth $53B like 3 months ago. Elon paid $44B for Twitter and it made practically no money. This would be corruption and total failure on management if this offer was even considered.
60 dollars is such a steal. Don't approve this.
@b0 It's not Enrique's decision. The board has to vote. If they accept, it then has to go to the shareholders to vote. More than 50% of shareholders have to vote yes for it to be accepted.
Can't see this offer being accepted. Lets hope a private equity firm doesnt get their greedy paws on us. They'll strip us down to bare bones and pay pennies to get rid of us.
$60B seems very low. I will take a huge bath on my retirement shares.
We were at $60 last earnings call before Wall Street manipulated our company down to low $40’s. You could get like $15B for Venmo and if you break down our other assets there is no way this should even consider a bid under $90B.
From a price perspective, it all depends on whether you are a shareholder yourself and whether you think the company is worth more or less than 60 dollars.
As far as job security, they will likely find synergies and duplication of work to reduce headcount further.
Their offer is a huge insult but my fear is Enrique is a sl--e ball who will accept for his pay package
Whats the problem if we're bought out? At least the shareholders will get some money back. As for the workers, it should be business as usual. Might even be better because let's be honest, it can't get much worse under the current leadership.