Reference no: EM132071802

Reflect on the "Stripe: Increase the GDP of the Internet" HBR article you read by answer 2 of the questions below:

When Patrick and John Collision began developing an online payments solution in 2010, many people believed that PayPal had already solved the problem. Why was there such a large opportunity and what allowed Stripe to succeed?

As Stripe Connect grew, many companies (e.g., Lyft, Kickstarter, Postmates) approached Stripe with requests for new product features and functionality. How should Stripe assess these opportunities, and how should it determine which product features to build?

In its first few years of operation, Stripe's customers were primarily small businesses and start-ups. As of 2016, should Stripe continue focusing its efforts on start-ups, or should it try to attract larger companies as customers? Why?

As of 2016, who do you consider to be Stripe's biggest competition? How should Stripe respond to this competitive threat?