I like how you think. Your debating style unfortunately requires an acquired taste.
Eric Schmidt used to be on Apple’s board until Google decided they wanted to eat Apple’s mobile lunch. Amazon does it all the time to their suppliers. Collaboration is good but sleep with one eye open. Anyone that feeds into a perfect Bay Area narrative of everyone holding hands singing kumbaya and not aggresively pursuing a detente with patents, lawsuits, shared investors, etc, is being naive by half.
Consider these two first-hand quotes:
Very confusing if both companies are not targeting the same customers. I have zero stake in either of them and do hope the best horse wins if they indeed are in the same race. As in most races in life, we’ll all get to the end. Just make sure you don’t sell your reputation for a plate of beans.
Asides Ego on the part of Paystack, both of them having graduated from the same Accelertor program (xolubi and iaboyeji), i FEEL paystacks pain when you work so hard and people feel you are just milking another person sweat, actually Flutterwave provides an enabling environment for guys like simplepay, cashenvoy, voguepay and paystacks to thrive, however Flutterwave is like a man he cannot be pregnant, he needs a woman.
Paystacks romances the cardholders while flutterwave romances the big coporates and financial houses across africa.
This. I think there’s an inherent fear that the person higher in the value chain can eat the lower one’s lunch without repercussion, and customers fear to work with (or be dependent) on a company that is lower in the value chain. Left to the guys at PayStack to solve for that and create value that gives them leverage, like every other business problem. My understanding is that PayStack also stopped using Flutterwave. Unnecessary, but a step to help straighten up that narrative. At the end of the day, route your payments through the supplier who can help you deliver the most value to your customers and maximize shareholder value. Done? Done.