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Assuming this is related to Stripe trying to decrease the effect of the next funding devaluation. [0] Hard to imagine they are still in a cashflow burn despite
by baby-yoda 4y ago
Assuming this is related to Stripe trying to decrease the effect of the next funding devaluation. [0]
Hard to imagine they are still in a cashflow burn despite being around for so long and seemingly capturing a large marketshare of payments. Perhaps its primarily for insiders to take money off the table before an IPO lockup, with a not-so-great 6 month post IPO forecast?
[0] https://techcrunch.com/2023/01/27/fintech-stripe-tried-to-raise-more-capital-at-a-55b-60b-valuation/ https://techcrunch.com/2023/01/27/fintech-stripe-tried-to-ra...