Chapter

From Advanced Derivatives to Merchant Fraud: A Founder’s Journey
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1:28:56 - 1:37:04 (08:08)

The founder of Stripe talks about his journey from studying finance to creating a successful payments company, and the challenges he faced early on in his career, including living off borrowed funds and dealing with merchant fraud.

Clips
The speaker initially believed that his mathematical skills would be beneficial towards his finance classes, however, he switched to pursue a startup career due to the political climate changes and his interest in preserving optionality.
1:28:56 - 1:31:01 (02:04)
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Startups
Summary

The speaker initially believed that his mathematical skills would be beneficial towards his finance classes, however, he switched to pursue a startup career due to the political climate changes and his interest in preserving optionality.

Chapter
From Advanced Derivatives to Merchant Fraud: A Founder’s Journey
Episode
#618: Roelof Botha — Investing with the Best, Ulysses Pacts, The Magic of Founder-Problem Fit, How to Use Pre-Mortems and Pre-Parades, Learning from Crucible Moments, and Daring to Dream
Podcast
The Tim Ferriss Show
The speaker shares his experience of meeting Elon Musk through a classmate and starting a payment-based business with him during a time when he was struggling to pay his rent in business school.
1:31:01 - 1:35:22 (04:20)
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Entrepreneurship
Summary

The speaker shares his experience of meeting Elon Musk through a classmate and starting a payment-based business with him during a time when he was struggling to pay his rent in business school.

Chapter
From Advanced Derivatives to Merchant Fraud: A Founder’s Journey
Episode
#618: Roelof Botha — Investing with the Best, Ulysses Pacts, The Magic of Founder-Problem Fit, How to Use Pre-Mortems and Pre-Parades, Learning from Crucible Moments, and Daring to Dream
Podcast
The Tim Ferriss Show
PayPal explains the cost of credit card fees and the issue of merchant fraud, where someone steals a credit card number and charges it on PayPal without authorization.
1:35:22 - 1:37:04 (01:42)
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PayPal