VISA isn't a credit card company.
They're the world's most profitable middleman:
No credit risk
No bank ownership
Just a 2.5% toll on $15.5T in yearly spending
Here's their perfect business :
1. Let these numbers melt your brain:
14T+ processed
MOAT is a thing which every business should have to protect themselves from competition
Types of MOAT
1) Brand Moat :- Fevicol is synonym to the word glue
2) Taste Moat :- People who love Maggie will never change their habit
3) Network MOAT :- You
📊 Data Moat: The secret weapon of tech giants! ⚡ Google, Amazon and Netflix harness vast amounts of data to personalize experiences, optimize services and dominate their industries. 🚀💡 Knowledge is power and these companies have plenty of it! 🔥
In my opinion as a founder, having the ability to motivate people to reach their greatest potential is more beneficial than believing that you are capable of doing anything.
In 2008, Airbnb tried raising $150K at a $1.5M valuation. But a VC rejected them because “the market is too small”.
Today, Airbnb is worth $80 billion.
The greatest founders expand their market.
