lukestein’s Twitter Archive—№ 4,449

@namalhotra @ho_ben Was always kind of surprised they couldn’t negotiate to keep that… I’d have guessed Costco worth much more to Amex than it is to Visa. (Amex dropped ~6% on announcement.) Costco has loyal members, most of whom probably have a non-C Visa; presumably many fewer had non-C Amex.