Who Pays for PayPal?

The central topic revolves around potential acquisition of PayPal, with panelists weighing in on whether a sale makes sense given its current valuation and strategic assets like Venmo and Braintree. Lou argues PayPal isn't a distressed asset but a low-growth business ideal for private equity, while Rachel notes its undervalued status and the potential for mega-cap suitors. The discussion shifts to Stripe as a possible buyer, considering antitrust implications and Stripe's business model. Later, the panel analyzes Axon's Q4 performance, highlighting its shift towards software and AI, and Cava's growth, noting pricing power and expansion potential despite some traffic decline.