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Photo: Rafael Henrique/SOPA Images/LightRocket/Getty Images

The Covid-19 crisis shifted a large portion of American retail online virtually overnight, but the gradual post-pandemic reopening has led to an interesting second shift: Online payment companies have started moving offline. Last month, CVS Pharmacy announced plans to add PayPal and Venmo QR code payments in its 8,200 stores…

Illustration: Minet Kim

“The PayPal Mafia” is rightfully famous for producing a slew of valuable companies — SpaceX ($33 billion), Palantir ($26 billion), Tesla ($42 billion market cap plus or minus a few billion dollars depending on the most recent press releases and late-night CEO tweets), LinkedIn (acquired for $26 billion), YouTube (acquired…

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Pop business for the intelligent reader. A publication from Medium.

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