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A comment on Stripe Layoff 14% of Workforce. Parent comment

Re:Stripe Layoff 14% of Workforce by tomnipotent on Thursday November 03, 2022 @10:49AM (#33451852)
How can the share price of a private company be falling?

> They could afford to dip into cash

Why should they risk cash reserves with an uncertain future? So that they can layoff 30% later on if things get worse?

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Re:Stripe Layoff 14% of Workforce by TomBombadildoze on Thursday November 03, 2022 @10:56AM (#33451985)
Their own internal price target, the FMV they assign to shares.

https://www.wsj.com/articles/stripe-cuts-internal-valuation-...

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