News for hackers. Stuff that matters.

A comment on Stripe tried to raise more funding at a $55B-$60B valuation. Parent comment

Re:Stripe tried to raise more funding at a $55B-$60B valuation by frankfrankfrank on Saturday January 28, 2023 @06:56AM (#34556871)
Because they are, as is clear to anyone not on the tech sauce. It’s the “I’m a loyal and faithful partner; minus the cheating, lying, deceiving, and gaslighting” of financials.
[ Parent | on HN ]
Re:Stripe tried to raise more funding at a $55B-$60B valuation by shawabawa3 on Saturday January 28, 2023 @07:28AM (#34557036)
I always took EBIDTA to be "theoretical best case" earnings, i.e. our business model could theoretically be profitable if we could just magically pay off all our debt and upgrade all of our equipment for free

Sure that doesn't mean much, but it's better than losing more money on every additional dollar of revenue which seems to be some company's model

[ Parent | on HN ]