Chapter

Power Dynamics in Business
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01:31 - 06:22 (04:51)

The discussion delves into the nuances of power dynamics in business, distinguishing fair competition from games that are rigged by powerful institutions or groups of people helping each other, and how that relates to companies like Stripe that have the support of big names in Silicon Valley.

Clips
A discussion on the differences between fair business competition and the beneficial relationships that can be formed between groups of people and powerful institutions, referencing prestigious colleges like Stanford and Harvard as examples.
01:31 - 04:27 (02:56)
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Business
Summary

A discussion on the differences between fair business competition and the beneficial relationships that can be formed between groups of people and powerful institutions, referencing prestigious colleges like Stanford and Harvard as examples.

Chapter
Power Dynamics in Business
Episode
Best of This Week: Feb 4th
Podcast
My First Million
Investors have allegedly been dissuaded from investing in startups by Stripe, according to some reports.
04:27 - 05:18 (00:50)
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Startup Investments
Summary

Investors have allegedly been dissuaded from investing in startups by Stripe, according to some reports. Startups have reportedly been told by investors that Stripe contacted them and suggested they should not invest or could not invest in the startup.

Chapter
Power Dynamics in Business
Episode
Best of This Week: Feb 4th
Podcast
My First Million
Stripe has intentionally brought on all major investors to their cap table, which could lead to conflicts of interest in terms of competitive offerings.
05:18 - 06:22 (01:04)
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Stripe
Summary

Stripe has intentionally brought on all major investors to their cap table, which could lead to conflicts of interest in terms of competitive offerings. They're known for being guarded about anything that could be perceived as a potential competitor and will often build their own product in that space.

Chapter
Power Dynamics in Business
Episode
Best of This Week: Feb 4th
Podcast
My First Million