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Dang, this smells like trouble. If Stripe is not profitable right now (since they're raising money again) I'm not sure if they will ever be. They still have to
by moralestapia 4y ago
Dang, this smells like trouble. If Stripe is not profitable right now (since they're raising money again) I'm not sure if they will ever be.
They still have to room to grow, yes, but they should be able to fund a move like this on their own, just MHO. Maybe they grew too fast?
- jjk166 4y agoA company can be very profitable but still not have $6 Billion cash on hand for a one time expense, and even if it does have that cash in the war chest, every dollar going to this is being pulled away from productive investments.
- sidyapa 4y agoDid you bother to read the article?
- dang 4y ago"Please don't comment on whether someone read an article. "Did you even read the article? It mentions that" can be shortened to "The article mentions that."" https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html I know it's annoying when a comment is wrong and the correct information is in the article, but it's enough to provide the correct information. Empty putdowns etc. just add poison, not information.
- sidyapa 4y agoSorry