Invest Like the Best with Patrick O'Shaughnessy

Patrick Collison & John Collison - A Business State of Mind - [Invest Like the Best, EP.348]


Listen Later

My guests this week are the co-founders of Stripe, Patrick and John Collison. My conversation with John in 2020 is still one of our most popular. A key theme that emerged from that first discussion was John’s boundless curiosity for all things business and this conversation continues that thread. We talk about setting a strategy and culture that attracts ambition, why the returns to sweating the details are high, and how they view Stripe’s progress against their mission to increase the GDP of the internet. Please enjoy this great and wide-ranging discussion with John and Patrick Collison.


Buy a ticket to Patrick and David Senra's live show this Thursday in NYC.

Listen to Founders Podcast

Founders Episode 311: James Cameron

Subscribe to Colossus's New Show: Art of Investing


For the full show notes, transcript, and links to mentioned content, check out the episode page here.


-----


This episode is brought to you by Tegus. Tegus is the modern research platform for leading investors, and provider of Canalyst. Tired of calculating fully-diluted shares outstanding? Access every publicly-reported datapoint and industry-specific KPI through their database of over 4,000 drivable global models hand-built by a team of sector-focused analysts, 35+ industry comp sheets, and Excel add-ins that let you use their industry-leading data in your own spreadsheets. Tegus’ models automatically update each quarter, including hard to calculate KPIs like stock-based compensation and organic growth rates, empowering investors to bypass the friction of sourcing, building and updating models. Make efficiency your competitive advantage and take back your time today. As a listener, you can trial Canalyst by Tegus for free by visiting tegus.co/patrick.


-----


Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes


Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more.


Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.


Follow us on Twitter: @patrick_oshag | @JoinColossus


Show Notes

(00:03:16) - (First question) - Stripe's curiosity-driven growth fuels enduring success and expansion

(00:08:34) - Why companies should resonate with founders' ideas but also have strong enduring cultures

(00:012:27) - Stripe aims to reduce friction and expand global commerce by solving practical barriers

(00:25:59) - Simplifying processes for startups and large companies to drive growth efficiently

(00:29:11) - Analyzing the enduring stories of ancient companies

(00:35:44) - Success in Hollywood and academia depends on unmeasurable vision and knowledge

(00:40:11) - Stripe's ubiquity, self-serve nature, and collective care drive its unique status

(00:43:16) - Success in tech is grounded in user-centricity, care, and connecting with customers

(00:48:17) - Parental influence on becoming entrepreneurs is complex

(00:50:21) - Adult perspective on parents, admiration for their work, and ongoing philanthropy

(00:52:30) - Stripe's challenges include complexity due to diverse payment methods and global programmable accessibility

(00:57:27) - Aiming for long-term durability, Stripe prioritizes beauty and craftsmanship in its pursuit

(01:02:50) - The most memorable conversation they had between them

(01:05:30) - Why the launch of Atlas was a defining moment in Stripe’s history

(01:06:35) - How their 25-year-old selves would react to what they are doing now

(01:10:19) - The various ways in which they feel proud of each other

(01:14:35) - The kindest thing anyone has ever done for them

...more
View all episodesView all episodes
Download on the App Store

Invest Like the Best with Patrick O'ShaughnessyBy Colossus | Investing & Business Podcasts

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

2,207 ratings


More shows like Invest Like the Best with Patrick O'Shaughnessy

View all
Masters in Business by Bloomberg

Masters in Business

2,184 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,008 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,372 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

514 Listeners

Odd Lots by Bloomberg

Odd Lots

1,764 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

931 Listeners

Founders by David Senra

Founders

1,855 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

791 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

8,784 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

399 Listeners

Yet Another Value Podcast by Andrew Walker

Yet Another Value Podcast

101 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

338 Listeners

Making Markets by Colossus | Investing & Business Podcasts

Making Markets

65 Listeners

ACQ2 by Acquired by Ben Gilbert and David Rosenthal

ACQ2 by Acquired

188 Listeners

In Good Company with Nicolai Tangen by Norges Bank Investment Management

In Good Company with Nicolai Tangen

181 Listeners

50X by Colossus

50X

80 Listeners

Return on India by Colossus | Investing & Business Podcasts

Return on India

16 Listeners

Making Media by Colossus | Investing & Business Podcasts

Making Media

21 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

442 Listeners

Glue Guys by Colossus

Glue Guys

68 Listeners