Re:Stripe to start taking crypto payments starting with USDC...
by thecleaner on Thursday April 25, 2024 @05:08PM
(#40163038)
Is Stripe profitable ?
[ Parent
| on HN ]
Re:Stripe to start taking crypto payments starting with USDC...
by steve_adams_86 on Thursday April 25, 2024 @05:29PM
(#40163287)
Apparently they weren't for a long time, but they may have been last year (based on some cursory googling). They projected $100,000,000 EBITDA for 2023, but I'm not certain it panned out.
Their cash burn over the years has been astonishing. It seems like a very difficult business to make money in, somewhat ironically. Sort of a "water water everywhere" situation.