Stripe tried to raise more funding at a $55B-$60B valuation

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.

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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

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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.

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