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Hi, everyone. Welcome to the A6 and Z podcast. I'm Sonal. I'm here today with our general

partner and fintech expert, Alex Rampell. And our guest is Patrick Colison, who is the CEO and

co-founder of Stripe, which is a payments platform built to enable developers and other people

creating apps or websites to programmatically move money around. They are part of a larger wave of

companies in the so-called API economy, where application programming interfaces become the

primary sort of storefront for business. In this episode, however, we riff, hallway style, in a

conversation recorded a while ago on everything from why marketplace businesses matter to what

happens when non-software businesses

and our economy are increasingly run on, quote, technologically enabled rails, to leading

and lagging indicators of the end of cash to liquidity, geopolitics, and trust, and more.

Welcome, guys.

Thank you.

Thanks for having me.

I increasingly think about Stripe as being the operating system for commerce.

What do you think about the future? I mean, what, that's a little bit too broad.

Starting with easy questions. Starting with the easy questions. But how do you think about where do you go now?

If you have 99% of all startups using you, what do you do next?

The way we think about it is that as sort of a corollary of softwareing the

world is that the economy is sort of increasingly coming to run on technologically enabled

rails. And it's not necessarily the case. It's all kinds of commerce or every part of the

...