The Rise And Fall of PayPal
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- เผยแพร่เมื่อ 7 ส.ค. 2024
- Sponsored by MANSCAPED. Get 20% OFF + Free shipping @manscaped with promo code “WALLSTREET” at Manscaped.com!
In this video we go over the story of PayPal since the beginning of the pandemic. Its stock priced reached a high of over $300 giving the payments company a market cap in excess of $350 billion. Since then it has fallen by 75%, giving back more than all of its pandemic gains. We try to make sense of the dramatic moves in PayPal's stock price.
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
0:00 - 1:23 Intro
1:24 - 2:37 Manscaped sponsorship
2:38 - 3:58 PayPal's early days
3:59 - 4:39 Spinoff from Ebay
4:40 - 5:32 How traditional payments work
5:33 - 6:06 How PayPal works
6:07 - 7:20 PayPal value proposition
7:21 - 7:53 Pandemic growth
7:54 - 10:17 Fall of PayPal
10:18 What's next for PayPal?
#Wallstreetmillennial #PayPal #PYPL
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Looking forward to the rise and fall of manscaped
You made me laugh. If this was Reddit I would’ve given you an award 🥇
IKR 😅
It's so annoying...you pay for TH-cam Premium to get rid of ads and every goddamn video has embedded sponsor ads and from the same group of sponsors.
@@vincentsantucci2478 blame youtube for creating this scenario after the first adpocalypse
the company expects some shrinkage but thats normal
eBay should’ve been a viable rival to Amazon today. But Meg Whitman and her bureaucracy made sure to run that company into that ground. Call her Meg Witless.
"Your balls will thank you." 🤣
🤣🤣🤣
Paypal was excellent until they started becoming greedy. They restructured the entire platform and started adding terrible policies that screwed over BOTH the consumer and seller. The only saving grace that paypal has is its 'protection' policy.
Next time, the rise and rise of Wall Street Millennial 👍
Lol literally watching a PayPal ad. This is gonna be good 😂
Look at the numbers of Paypal. They are not falling at all. Their growth is just slowing which is completely expected after the crazy growth in 2020 and 2021. Of course it was overvalued af at 300, but now its a great buy.
I had the same thought. It's more like "The Rise and Plateau of PayPal"
Bro this guy doesn't know what he is talking about. He look at the stock price and think all these companies are falling. No the whole stocking market is falling . It has nothing to do with how companies operate
@@theson22788 yes it does. Everything is getting hit yes, but even more so companies that aren't cash flow beasts that are fairly valued.
"Growth stock" is valued at what people think it's going to be in the future.
So once a company reaches market saturation and the growth slows , it stops being a growth stock and now it's value is based on profits.
That can be a huge drop in price
Your comment shows a lack of understanding. When a company is growing it is expected to be valued at a higher earnings multiple because it is logical to expect the earnings to rise as the company grows. When a company stops growing at a fast and steady rate then it becomes a different type of investment.
Large investment firms handling pension accounts, money market funds, and dated index funds and other accounts with restrictions on types of stocks are contractually forced to transition in or out of stocks based on growth, among other technical variables.
IBM is not going to go out of business this year. It also isn't growing significantly. Tesla will likely have more revenue next year than last year.
The market is willing to pay a higher multiple for Tesla than IBM. That shouldn't need to be said. PayPal is transitioning to IBM side of being steady and boring rather than the Tesla side of a wild ride that could crash any day or keep growing.
this is probably 100th company falling in this guy eyes. bro the whole market is overpriced
was* overpriced. lots of great deals for stocks/index funds now
You should look into someone named jerdani kraja and his lawsuit with PayPal right now. He’s a big influencer and has his whole audience destroying their reputation for what PayPal has done to him taking $100k from him and a lot of his followers said they’ve done the same to them. Look at the comments under the PayPal posts on Instagram too. Pretty big deal I’d say.
@@MRsurfguru1 Maybe, but the Buffett indicator suggests we're still 30% overvalued. Might not mean anything, but we shouldn't assume that things aren't still overvalued just because the market is down.
Haha Karma catched up... They screwed Sellers and Blocked legal accounts.
Also their fees are way too high.
Yeah, PayPal customer service is a joke. You can have your account permanently restricted for no reason. And then they request all these documents to get your account back. So they take all your personal info. And then permanently restrict your account anyways.
@@darkspace5762 it’s so they can make interest on your locked balance. Louis Rossman had an issue where when he tried to quit PayPal they had his account locked for almost a full year
@@DahColorzHorse who?
It true
@@codycast He's a small time "right to repair" internet celebrity. He has 1.6 million+ followers on TH-cam.
It's interesting that you mentioned PayPal's competitors include eBay's payment processor.
But you didn't talk about Square's Cash App or Zelle.
Also you did not talk about PayPal's acquisition of Honey at all.
I'd rather watch Company Man instead.....
This video was brought to you by Manscape and Manhole. You can't manscape without a manhole.
Wtfff 😆
Lol. It’s a fucking razor folks, move along.
My boy got the manscaped promo!! Congrats
Saying PayPal has fallen is a bit of an exaggeration
Yeah I like this guys content, but he clickbates waaaay to hard for my tastes.
I’ve been using PayPal for 10+ years for my buying and selling resell biz. Great company for me personally
Constant growth and expectations are the biggest issue with share holder driven companies. Any profit is all that should matter
I use paypal so I don't have to give out my debit/credit card info directly on certain sites (small sites that usually don't have internet security in mind). I've used paypal since 2008, and don't plan to break ties anytime soon because it works
Ebay still allows Paypal. They just don't let sellers use their own Paypal accounts. Ebay buyers may use their Paypal accounts as one of several options to make payment to EBay, who disperses the funds to sellers. Essentially, Ebay is middle-manning the payments between buyers and sellers.
Cool Tool!
Sponsored by MANSCAPED. Get 20% OFF + Free shipping @manscaped with promo code “WALLSTREET” at Manscaped.com!
PayPal doesn't allow people outside the US to pay in USD. That's why I don't use it anymore, and I won't, until its possible.
This isn't true . I'm outside of the US I can pay in usd
@@zorintoto1167 every time I try, it wants to charge me in my domestic currency.
@@zorintoto1167 you re correct, it was my settings that weren't correct, thanks for the reply 👍
@@Noobscodee actually, I don't want to convert. I have a USD credit card. The fx rates you get when converting are really bad.
@@grunchlk you have a usd credit card outside the US? Is it a card registered to a US bank within the US or is it like a third party middle man somewhere else, because those are pretty finnicky.
Love your content, but a bit unfair calling it a fall?
-74% from ATH is not a fall? Wtf is it then?
@@MkadinA01 When you get an answer, let me know. The original commenter is clearly not alright.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day t rading.
Agreed. I've traded for several months. I barely knew anything about the markets when I started but recently, someone advised I get an experienced professional. I did and things changed. My portfolio grew by 150% in 8 months. How was she able to achieve that? She invested my money in reputable companies which their stocks must always rise after any dip.
@@rubyquinn2189
That’s good for you. If you don’t mind, how exactly does this work ? I would love more info about her services.
Karen Lynn Olsen is her name. when you search her name on your browser her web site is like the first thing that pops up. on there you can find more info about her you can even shoot her a mail.
I’ve been searching for something like this because I’m quite indecisive on how to tackle this market. how much will I pay to have her in my corner also? Thank You
Wow I know Karen, Investing with her has been a different ball game entirely so different from the stale methods of managers I’ve worked with in the past. We ended last year on 2.4m starting on 520k adding 250k
Showed old picture of Elon Musk then proceed to Manscaped sponsorship. Well played my friend.
Even though I'm not invested in PayPal as a seller I'm more for the less intricate fees that PayPal charge and against eBay's absorbitant protection product fees when I make and proceed with the sell. How I thought about it was I was exactly feeling like you're not taking my money eBay and I have to redirect customers to go to my PayPal to make and finalize the transactions and in which eBay's software won't let you conversate another processing method like "PayPal" to the customer, thank God all my merchandise was legit otherwise we wouldn't be having this comment
perfect knowledge here
you missed that paypal are now a crypto platform as well. something in the coming years they could grow to be far larger and handy because you can cash out in local currency.
I used to sell a lot on eBay an used PayPal until their fees got out of control. I stopped selling on eBay,they called and asked what they could do get me back? Cleary sellers were leaving in droves. I said, easy, lower your fees and only have one, not two or three and another two or three by PayPal.
Time to buy
You should do a video on upstart
Their interest rate is ridiculous
Do microstrategy about its rise and fall with btc.
Here in Mexico we are not allowed to have USD in our paypal accounts, that occurred in 2019, it wasn't paypal's fault but it started to get less useful, after that since they don't allow adult content to be bought using their services and since they started banning people from their services because of their views i stopped using paypal at all.
I use PayPal to pretend I live I Poland, so I can get Spotify at one third of the normal price. Thank you, PayPal 😍
Only the US merchants can accept payment in crypto at the moment. Can't do that in the UK/EU.
spoiler: the Manscaped ad
a little light on the financial analysis of the company.
Look I like this channel. But the title been a bit click baity. We know after the pump that occurred in 2020 -2022 stocks are over valued . Along with the bottle necks in logistics this is expected for stocks to fall. Just wait for things to bounce back. I don’t think it’s that bad
This is such a silly thing to whine about.
The EBay payment service was not an issue regarding the FEE, but more an issue regarding the CONTROL over the payments......with Paypal, all the funds went directly to paypal, and Ebay had to receive payments from sellers for their revenue.
Now it is Ebay who has ALL THE FUNDS at their disposal, and as I mentioned before, with their 2-4 days "processing" and "on-hold" of any payment at their discretion, they artificially create a BILLION DOLLARS fund at their disposal (because with every payment they release to the seller, new payments go "on old" so this fund is not only always receiving fresh $$, but also allows eBay to have access to more capital, basically being funded by the sellers who are ripped off by this new system.
PE of 26 for a company getting replaced it's competitor too expensive
Lol i mean u could make "the rise and fall" videos on half the stock market right now
Investors priced pandemic growth forever and then it created a massive bubble, now they pricing the return to physical stores forever, Im buying
Such a painful investment of mine 😭😭😭 I know…unless I sell I don’t lose money but..future of PayPal doesn’t see so bright
all stocks that grew in the pandemic should go back to their pre-pandamic prices... then we can say that the market became stable
anyone else still shocked that financial intermediaries are charging 1-3% of a transaction? isn't this totally insane?? even if they would charge like 0.01% they would get way too much
They don't simply transfer the money; they act as a middleman guaranteeing you will receive the product that you paid for. But yes, that's still too much.
It's a somewhat fair price for them taking on fraud risk. That's why scammers will ask you for crypto transfers and not PayPal or bank.
@@jerrykreutzer4326 exactly. People always want free service/security lmao
Too much! I read Mercedes makes 8% profit on a car they develope, produce and sell. If you would buy the car with paypal they would just get % for the transaction
I would love to be in a manscape meeting when they go over what to name their products! ❤️
Ball hair blaster 5000
Agreed
Glad to see PayPal’s time coming.
I cannot wait for it to hasten !
Feels so good to see paypal going down. They stole 1600$ from me. Thieves
I think you missed the part about how PayPal was supposed to drive revenue from other sources like stock trading similar to Robinhood or SOFI. I think there are a lot of missed opportunities that PayPal could have took to maintain growth and now I think that activist investors may see this as an opportunity to right the ship.
It HAS to be a trend connected with NFLX
.
thank you wsm
that was painless "down there" so then they breakup google ads and youtube content revenue.
.
time for better alternatives
PayPal fell?
Please do rise and fall of Etsy
Had one too many bad experiences with Scampal
Always the same story when monopolies get competition.
don't they own venmo?
paypal is still very strong. They are using their position to eliminate business they don't agree with. I hate the fact that I have to use them on some sites.
Rise and fall of Shoplify
I'm confused. As an eBay buyer, I never stopped using PayPal. How are the sellers accepting my payments these days?
PayPal still works with eBay as any other customer.
ebay ended their integration with them. i think it made refunds to hard for ebay
PayPal isn't like Peloton or Coinbase, don't put them in the same category, it will rise back once Wall Street comes to some common sense
Good luck with that. One born etc
Yeah screw that crummy plug 🙄🙄🙄
Amount of scammers using paypal / ebay systems in their benefit.. i rather not take a RISK with their systems.
Another stock dropping off a cliff.
Another 'No' answer to the question 'Does this stock pay dividends?'
Another example of how Non-dividend paying stocks are gambling, Not investing.
I love paypal
Manscape boxer shorts are rubbish lasted about 4 washes on low temperatures then lost shape.
Rise and Fall of Tesla coming soon, all it took was Elon’s ego in the end!
Fuk tesla
after 10 years I HAD to deactivate/delete Pay Pal after my account was hacked and a 3rd party added themselves criminally to my Pay Pal account. They then racked up so many purchases and Pay Pal took the money out of my savings account. That was bad enough
, but to delete/deactivate my Pay Pal account's permission to take moneys out of my saving account by the criminal 3rd party was almost impossible, eventually I succeeded and will NEVER EVER have Pay Pal again !!!
they just got a load of obnoxious chat people
paypal wiped out because of shaving in wrong way
Keep closing those PayPal accounts worldwide. Dont stop until PayPal is finished!
I use to had credit card with PP and got $560 and they would not give it to ,my brother in law had to report to Government then they return only $500 ,short me $60 I call them ,they said to bad this is the way we do business,and now they keeping ask me to back and offer $10 bonuses, never again,I heard PP charge a lot of Fee and consumer run away. I believe PP will did appear.?
The guy on the right really needed a hair transplant.
Yeah, and with his billions he got the best money can buy!
USA Payment methods is so convoluted that for once I´m happy of being Brazilian.
@Jacko Lederhosen BRL gained over 10% over the USD and unlike the USA we have Baby Formula on shelfs.
I bet eBay is REALLY happy with the choice to split from them about now
right now on paypal trading showing the bitcoin pricing at 23000 yet on
the trading profile showing 29000 don't even use Paypal its awful they
don't allow you to show a profit at all and there is Auto selling or
buying point Please do not use it find a proper app please Paypal yet
again more cons
Plop.
I use paypal because its more convenient to type my e-mail than to search for my credit card number
Paypal is not a value stock now.
it's pronounced peter TEAL -- not thii-eel
HATED PayPal from the get-go,, can't wait for them to completely fold.
Good. I had a large account but closed it when they started getting political and banning people they didn’t like. That’s not appropriate for a payment processor.
I took an income hit when I got rid of them but have more than recovered since.
Bravo, these middlemen reckon they have a right to say no. If they accept a fee , in a consistent manner, a contract is formed. Weĺl that's the basis in common law principles or tort law, in 17 different countries. Yet these arseholes reckon it doesn't apply.... and I've been idly watching some of these equal rights laws and hate speech laws...I reckon there is a way to set this up .....fark yeah
I may in fact use my pp to get banned, send some new tcs to a automated email addy, then take em to debtors court for non payment. I.e each time I try use their service, and if they havn5 objected to my fee structure email after 90 days ...they are fair game. Tried it a few times mainly on credit reporting and debt recovery firms. Use their bs low life tactics against them
You will be amazed at how easy it is to inflict so much pain and anguish, especially if they try argue it in court, cause that shite is expensive for them especially when my rate card is the same as two of their QCs. And after they run out of things to say, present their business with a winding up notice... the look on their faces never gets old. And it literally as simple as that. Quote one of the hundreds if not 000s of case law examples, 700 years + 17 jurisdictoons its almost limitless. But its not just debtors/tort/common law, its contract law, and that seems to be the legal hot topic everywhere for awhile now. But having a clause that has a survivability element, you could do it minimum of 3 times. its real bonanza time. My research leads me to believe the only real concern is how much the small claims or debtors court can address at any time- maybe for Nickles ...have to think that thru...ermmm doesn't matter if its nickles its the precedent...
Did it to patreon as well. Not the court part tho. And after what visa and Mastercard did to those innocent Russians. They will get some soon enough....getting even pays very well... heck i don't know why I ever stopped doing it... I know why cause I've been focused on censorship..thank you. Writing this has solved a really big issue for me. 4 years work in fact, when I have been going about it the wrong way...blond moment. Cheers bro thank you for my rant responding to your fine observation.
I hope it bankrupts and dies. I hate PayPal they froze my account like 3 times
well if you hadn't scammed people maybe paypal wouldn't have froze your account? have you thought of that? lmao
@@jankay8569 pp is trash. They give info to scammers and working with IRS
PayPal is dead
👍👍
I'm not so convinced the 75% decline was justified as I am skeptical that the 150% valuation growth was justified. Let's face it: PayPal is just a payment medium. That particular wheel has already been invented several times.
PayPal is scammers paradise
I love eBay than Amazon…. Amazon is overpriced
I stop using Paypal because they are hacked by an Indian hacker . They all get my Paypal account and still sending me text message.
Did this guy really just call PYPL a value stock at the end? That’s not how it works.
I know paypal will fall.. ther're just good at locking accounts like a boss..
Wird wieder eingeführt weil es das einzig Wahre war
Pretty much once Elon sold it, it was bound to become obsolete, I dont even bother using paypal anymore due to the fees and long refund times, not worth it anymore
Worst software engineer interview experience I ever had was with Paypal, not surprised they are on the downward trajectory. They have people who are doing really bad and pushing talents away. Really Toxic environment.
but their Glassdoor reviews are sitting at avg 4.2/5 star from thousands of reviews? Somebody is salty they didn't get a job offer lmao
Another channel ruined with forced ads.
PP SUUUUCKS
This company deserve this, after stealing people's money
second
Paypal charges fee to pay money to friends. Venom charges no fee. Who do you prefer?
f paypal