Tag: PayPal

Assistive TechnologyBusiness Software

PayPal and Venmo Services Restored Following Widespread Payment Disruption

PayPal and Venmo services have been restored following a significant service disruption that affected millions of users. According to company statements, the outage has been resolved after causing temporary payment processing issues across both platforms.

Payment Services Restored After Widespread Disruption

PayPal and Venmo services have reportedly returned to normal operation following a significant service disruption that affected millions of users across both platforms. According to reports from Forbes, Caitlin Girouard, a spokesperson for PayPal, confirmed that both apps “experienced a brief service disruption that has since been resolved.”

by Elisa Romero
BusinessStartups

Venture Capital Industry Faces “Return-Free Risk” Crisis, Warns Sequoia Partner

Veteran investor Roelof Botha claims the venture capital industry has “too much money” chasing too few quality investment opportunities. The Sequoia Capital partner suggests the current model represents a “return-free risk” that cannot mathematically deliver expected returns.

Venture Capital Industry Faces Fundamental Math Problem

According to recent podcast appearances by Sequoia Capital partner Roelof Botha, the venture capital industry is grappling with a fundamental mathematical problem that threatens returns. Sources indicate that Botha, who previously served as a PayPal executive, shared his contrarian perspective based on more than two decades of investing experience in Silicon Valley.

by Nathan Cole