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Re:Stripe announces new round of funding and plan to provide... by danielmarkbruce on Wednesday March 15, 2023 @06:51PM (#35175797)
That isn't how it works. Going public at $120 bill valuation doesn't mean you raise $120 billion. They'd have raised something like they have here.
Re:Stripe announces new round of funding and plan to provide... by hgsgm on Wednesday March 15, 2023 @07:13PM (#35175966)
It is how it works, selling at inflated valuation, but a fraction of the $120B, not all of it.
Re:Stripe announces new round of funding and plan to provide... by danielmarkbruce on Wednesday March 15, 2023 @07:17PM (#35176007)
The "fraction" part is key... the statement above is wrong.