PayPal Is Dying. Good Riddance.

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Over the past year, much of the tech sector has recovered very well whether that be social media, search, retail, or chips, but one sector that has failed to recover is fintech. And one of the biggest laggards within the fintech industry is none other than PayPal. In fact, PayPal has not only not recovered over the past few years, but it has sunk even lower into the abyss. At this point, PayPal stock is not all that far away from its IPO price itself. At first glance, you might feel a bit bad for PayPal, but when you look at consumer sentiment, you’ll see that this downfall was more than well deserved. It seems that no one is really a happy PayPal customer. On consumer affairs, they’ve got a 1.3star average rating over 4,500 reviews. It’s even worse on TrustPilot where they’ve got a 1.3 star average rating over 28,000 reviews. This video explains why customers hate PayPal so much and why their downfall is more than well deserved.

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Timestamps:
0:00The State Of PayPal
1:55The PayPal Problem
6:05Unexplainable Bans
9:09A Fundamental Flaw

Resources:
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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.

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