4 ms·
Stripe did $12B in revenue last year. If the valuation of $95B dropped 28%, that is $68B. That seems like a fair, if not quite low valuation of a fast growing S
by ruffrey 4y ago
Stripe did $12B in revenue last year. If the valuation of $95B dropped 28%, that is $68B. That seems like a fair, if not quite low valuation of a fast growing SaaS fintech company with an excellent product.
- devoutsalsa 4y agoDepends on growth, debt, profit, cash flow, etc. Revenue in isolation means very little.
- greatpostman 4y agoYou have no idea what you’re talking about
- deleted 4y ago[deleted]
- peanuty1 4y agoThe article says the new valuation is $74b. Block (Square) did over $17.6B revenue last year, an 85.95% increase from 2020. Their current market cap is below $40b and their stock is down around 70% from when Stripe raised their last round of funding.