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> Stripe does not need this capital to run its business. Suffering? Raising $6.5b when you don’t need to, but because it helps your longest running employees,
by efields 4y ago
> Stripe does not need this capital to run its business.
Suffering? Raising $6.5b when you don’t need to, but because it helps your longest running employees, is suffering?
- paxys 4y agoTheir last raise was at a $95B valuation, so this is a massive down round. It isn't a case of raising extra unneeded money just because market conditions are favorable. Quite the opposite in fact. If they didn't critically need this money they wouldn't have taken the hit at all.