Quote

With Stripe, people who previously operated online or offline in a very limited capacity now have all the tools to work like a real online business. That's a very valuable thing.

Stripe really did come about because we were really appalled by how hard it was to charge for things online.

The part of Stripe that I've always found most interesting is the idea of facilitating new commerce that wouldn't otherwise happen. Payouts is turning out to be a big part of that. These new networks are efficient, intelligent replacements for offline behemoths.

I can think of no one more relevant and credible in the hip-hop community to build upon Def Jam's fantastic legacy and move the company into its next groundbreaking era.

I used to collect computer punch cards from the data centers.

Some people even went off to form another band, Power Station.

From doing Power Station, it was like, it's the same guys, but it doesn't sound like them. When we were in Duran, the labels and management wanted more Duran stuff so they could sell it.

Power wears out those who don't have it.

Square is turning informal, cash transactions, like you would do with a taco truck, into card swipes. Stripe is more for the Internet, it's focused on the kinds of transactions that weren't possible years ago. We think about how you would buy things from a mobile phone, crowd-funding, how should that work.

You gotta have a pocket square, I think.