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Stripe and Ycombinator as a great example of a nonvionlent mafia

^^ Lots of excellent examples on how two top players, working together and protecting each other, block a competitor.

The competitor's CEO is the one writing the twitter thread. Worth reading as there's plenty of Machiavelian stuff there and having this in mind may help if you ever get in a similar situation. It's not just the paypal mafia; the Stripe mafia exists, and it has deep ties with Ycombinator (the most effective startup accelerator in history).

Lucio Buffalmano has reacted to this post.
Lucio Buffalmano

Thank you for sharing this, LOF!

Any power move / manipulation / strategy that struck you as particularly noteworthy / Machiavellian / effective?

From a user perspective, I gotta say this when comparing the two:

  • PayPal sucks, so that "mafia ring" bothers me
  • Strips is great, so that "mafia ring" doesn't bother me as a user

I guess it goes back to "adding value" or "taking value".
If your net contribution is to add value to a lot of people, then how you go about it, matters much less (unless you're one of the few who's harmed by it, I suppose).

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