Tuesday, October 10, 2023

My Last Day as CEO of PayPal | Linkedin article

Here is the link. 

Our financial performance is obviously an important indicator of how we fared in the market and how well we did in delivering a value proposition that customers embraced. And here we have some extraordinary numbers. Based on our current outlook, we expect to end 2023 having more than tripled our revenues from $9.2 billion in 2015 to nearly $30 billion, quadrupled our EPS from $1.28 in 2015 to nearly $5.00, quintupled our TPV from $288 billion in 2015 to roughly $1.5 trillion, and almost tripled our free cash flow from $1.8 billion in 2015 to approximately $5 billion. We successfully separated from eBay and redefined our relationships with the networks and financial institutions that thought of us as enemies as opposed to partners, until we faced the situation head-on, and transformed our business model and embraced full customer choice. And yes, during this time we almost doubled our market cap.

No comments:

Post a Comment