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> They are losing money at an incredible rate and no where near profitable. They are losing money at a rate of about $100MM per year, and having to raise the sa
by malisper 11y ago
> They are losing money at an incredible rate and no where near profitable. They are losing money at a rate of about $100MM per year, and having to raise the same.
Do you have a citation for that? I couldn't find anything when I tried searching.
- Silhouette 11y agoIndeed. A lot of people reading HN surely have some sort of business interest that uses Stripe, so if they are really in such a fragile position then that would be a significant risk for many here. And yet this is the first suggestion I've seen of it at all, never mind the huge burn rate claimed.