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is trip better off at the moment as a private or a public company up to this point we have determined private that
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could change at some point people generally make the argument that public companies run in a more disciplined
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fashion I think that's hogwash like if you need a 25-year-old Fidelity analyst asking you to double click on your capex
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blah blah blah blah to run the company with discipline something is horribly wrong at the company and you need new
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management there's always a tendency to be kind of procyclical and I think you need to be kind of particularly careful
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as a public financial services company to avoid some of those Temptations and some of those Tendencies we're kind of a
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company at the intersection of financial services and Technology being private for a long time is is the norm what
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matters is less kind of the returns in a given year and more duration and so the
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question is you know what enables the best compounding on sort of a 10year Time Horizon and you know what's best
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for shareholders uh as you really take kind of the the longer term perspective and then just what's best for customers
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at this juncture with the business growing at this rate we want to spend the marginal hour with some customer
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this is our life's work you know we're not going anywhere we'll be very happily running stripe in 10 years time and 20
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years time