16 ms·

A 50% drop is a big oof moment for Stripe. But then again I don't think the company was every really worth +90b dollars. If I were an employee I'd take the liq

• jzoch 4y ago
  It’s not an oof moment at all - this decrease in valuation is inline (actually less) than most of their peers in the same time frame. The economy is very different from when they last raised.
• brendonjohn 4y ago
  > the way of WeWork That's an unreasonable comparison. Stripe is not deeply tied to commercial office real estate.
  • missedthecue 4y ago
    It's tied to arguably a worse asset base: tech startups
    • brendonjohn 4y ago
      Hah, touché. To counterpoint, their success is probably correlated with consumer spending habits (If consumers don't spend, transactions aren't happening, Stripe isn't getting its commission) The case against Stripe probably sits with an understanding of how an incoming recession will impact the volume of transactions Stripe is dealing with.
• shapefrog 4y ago
  > If I were an employee I'd take the liquidity now before this goes the way of WeWork To take the liquidity an investor has to give the liquidity - if all the employees on the inside believe in the mission so much that they want to sell ...