Re:Stripe announces new round of funding and plan to provide...
by paxys on Wednesday March 15, 2023 @06:34PM
(#35175648)
Their last raise was at a $95B valuation, so this is a massive down round. It isn't a case of raising extra unneeded money just because market conditions are favorable. Quite the opposite in fact. If they didn't critically need this money they wouldn't have taken the hit at all.
Suffering? Raising $6.5b when you don’t need to, but because it helps your longest running employees, is suffering?