> Probably some structure in this deal to enable the higher valuation It's almost definitely a liquidation preference to ensure that these new investors are go

> Probably some structure in this deal to enable the higher valuation It's almost definitely a liquidation preference to ensure that these new investors are going to get their $6.5B out first in the event of any Stripe liquidity event, and it seems extremely unlikely that Stripe ends up exiting for less than $6.5B. All-in-all this investment seems like a pretty good way to guarantee that you won't lose money (aside from to inflation).