Tim Sweeney Quotes

There's a myth that free-to-play is cheaper than a $60 game. It's just elastic. For some users, it winds up being a lot more expensive. I would have paid $150 a year to get a better version of FIFA.

Look at music like gaming. You monetize the game to all the people who are most engaged. I wanted to bring that theory and thinking to music.

In the free-to-play industry, the most money-making games are often coming from making people fighting against each other and really hating each other and wanting to revenge, so they spend more money to dominate.

Asian online games are far ahead of Western games in terms of business model, but the Western games do have a real advantage in terms of production values.

Ten Internets ago, when PayPal was started, it was all these tools that no one had built yet to bring commerce to the Internet. My first startup used PayPal.

To people who traditionally charge $10,000 for a 3D animating app, we say you should be free-to-play and generate a revenue stream. Think of a 3D modeling package almost like an RPG.

In some respects, the video-game business is a lot like the razor business, which follows a simple model: Give away the razor, gouge 'em on the price of the blades.

It's easy to talk to people over the Web, but it's not very easy to trigger transactions. That's the thing we set out to fix with Stripe.

When a country doesn't have a good economic infrastructure, that harms the country. With Stripe, the idea is that by providing better infrastructure, by linking the Internet economically, by making it easier for these online businesses to exist, it'll make the web better.

Stripe is building payment infrastructure for the Web, so we make it easy to accept credit cards online. Before Stripe, the way you'd do this is using the legacy banking structure. It was slow, it was complex, it was expensive. It had this very chilling effect on e-commerce.

Games are work. There are economies popping up in games now because people value them.

Stripe makes it easy for anyone, be it an individual or a small business or a large business, to accept credit card payments on the Internet. We want to give control to the user or the business to define what the experience looks like. We work on a website or a mobile app, or whatever between that.

What interests us in Stripe is the idea that there could much more commerce happening on the Internet.

As long as the Internet economy continues to grow, Stripe will continue to grow.

The promise of the Internet is being held back by Visa, Master Card, American Express.

The awesome thing about 'Fortnite' is it's brought a huge volume of digital commerce to Epic.

Earlier, physical currency used to dominate. Now, mobile currency or digital currency is dominating. For digital currency, fintech is very crucial.

Physical money, whether it's checks or cash or credit card, are digitizing in front of us.

Using Roblox is free but the creators are able to charge virtual currency for the experiences. In our bird simulator you can become an eagle for $10.

More people are using PayPal more frequently.

We're really thinking how do we re-imagine PayPal almost as a service. PayPal as a SaaS platform.

I think free-to-play is both exciting and also really dangerous.

Our developers are helping and participating in the virtual economy by making games that aren't just fun, but which monetize as well.

PayPal's been around forever. How do we use that platform to solve the future of commerce?

When we approach games, we're always emotional-focused, so if a free-to-play business model works against the emotion, we won't use it. If it actually works well with the emotion, or if we can come up with a new way to do monetization that's different and that's unique for the game, I would go for that.