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Re:Stripe tried to raise more funding at a $55B-$60B valuation by nl on Saturday January 28, 2023 @06:47AM (#34556836)
Who cares if they are or aren't EBITDA profitable.

It's pretty clear they could cut growth expenses dramatically at at point if they chose.

Re:Stripe tried to raise more funding at a $55B-$60B valuation by nl on Saturday January 28, 2023 @07:44AM (#34557122)
To the downvoters: what exactly do you think profitability shows and why is it important?

The general answer is "the company is default alive". But actually looking at cashflow and which expenses can be cut gives a much better idea of that.

Re:Stripe tried to raise more funding at a $55B-$60B valuation by coffeebeqn on Saturday January 28, 2023 @11:18AM (#34558821)
Since the era of free money has probably come to an end , the ability to be profitable is maybe necessary now.

If the only funding you can get is a 7% loan then suddenly your math will look very different since you have to pay that interest

Re:Stripe tried to raise more funding at a $55B-$60B valuation by nl on Saturday January 28, 2023 @06:47PM (#34563236)
As my comment says, cashflow is an even better source of money.
Re:Stripe tried to raise more funding at a $55B-$60B valuation by 0xy on Saturday January 28, 2023 @08:32AM (#34557437)
You're right, because competitors like Adyen can make a 7% net profit while being very competitive with Stripe fees.