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Did the CEO/CFO not see this one coming? Or was it a calculated gamble they took and lost on?
by sfc32 4y ago
Did the CEO/CFO not see this one coming? Or was it a calculated gamble they took and lost on?
- mcast 4y agoThey were enjoying the years of free* VC money before the recent interest hikes were made.
- rvz 4y agoAnd the time to IPO was in 2019 when everyone there was heading for the exit as I said before. [0] At the time, Stripe said they can wait, no time to rush for an IPO. Now they know they need to IPO before their employee options expire and the down-rounds coming in. [0] https://news.ycombinator.com/item?id=20993919 https://news.ycombinator.com/item?id=20993919
- qwerpy 4y agoCFO departed mysteriously very recently, so maybe there was something there: https://www.axios.com/2023/02/03/stripe-cfo-suryadevara-step-down https://www.axios.com/2023/02/03/stripe-cfo-suryadevara-step...