Re:Stripe Is Raising $6B to Resolve Employee Tax Issue
by jjk166 on Wednesday March 08, 2023 @04:37PM
(#35075088)
A company can be very profitable but still not have $6 Billion cash on hand for a one time expense, and even if it does have that cash in the war chest, every dollar going to this is being pulled away from productive investments.
Re:Stripe Is Raising $6B to Resolve Employee Tax Issue
by sidyapa on Wednesday March 08, 2023 @04:21PM
(#35074894)
Did you bother to read the article?
Re:Stripe Is Raising $6B to Resolve Employee Tax Issue
by dang on Wednesday March 08, 2023 @04:23PM
(#35074925)
"Please don't comment on whether someone read an article. "Did you even read the article? It mentions that" can be shortened to "The article mentions that.""
https://news.ycombinator.com/newsguidelines.html
I know it's annoying when a comment is wrong and the correct information is in the article, but it's enough to provide the correct information. Empty putdowns etc. just add poison, not information.
They still have to room to grow, yes, but they should be able to fund a move like this on their own, just MHO. Maybe they grew too fast?