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So the first product we launched had an integration with PayPal that made it very easy for the event organizers to get all their ticket sales directly into their PayPal account as they were happening in real time. One thing we understood very quickly was that access to money for organizing an event is quite critical.
I disclaim that I am not a Musk fanboy and that, in general, I am disappointed by the PayPal mafia , which I once saw as so full of promise. The early returns indicate that while consumption-based companies are seeing bigger hits to NRR, that they are nevertheless driving higher overall growth than their subscription-based counterparts.
Box software sold primarily through distributors to, um, a cloud based, um, subscription model. Scott Barker: mafia, the infamous, uh, PayPal Rob Giglio: that’s a, I mean, those, that’s a group of very, very successful, um, leaders well beyond what I’m describing. And so you just like philosophically remove them.
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