Stripe Is Raising $6B to Resolve Employee Tax Issue

Re:Stripe Is Raising $6B to Resolve Employee Tax Issue by testfrequency on Wednesday March 08, 2023 @04:26PM (#35074951)

Why does everyone keep saying they are not profitable?

They are raising money to help their employees liquidate, that’s the story (recommend reading)

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Re:Stripe Is Raising $6B to Resolve Employee Tax Issue by HDThoreaun on Wednesday March 08, 2023 @07:44PM (#35076874)

Is that true? My reading is that there are two separate reasons for raising the money. They want $600 million to buy employee stocks so that the employees aren't foisted with a big tax bill, but they've also got a separate $2.5 billion tax bill that they need to cover unrelated to the RSU stuff.

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