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And Square's valued at 3 times that. Yet this story is all about how the actual performance is rougher. So I ask again, how do we know Stripe is actually crushi
by abalone 13y ago
And Square's valued at 3 times that. Yet this story is all about how the actual performance is rougher. So I ask again, how do we know Stripe is actually crushing it? (Also why does a question like that get down voted?)
http://techcrunch.com/2014/01/13/putting-squares-5b-valuation-into-context/ http://techcrunch.com/2014/01/13/putting-squares-5b-valuatio...
- acchow 13y agoAlso, Stripe's "$1.75 billion" valuation is misleading because the round was for preferred shares, which have privileges (and lower risk than common stock). We saw something similar for AirBnb, which Marc Andreessen pointed out in a series of tweets: https://twitter.com/pmarca/status/457017580385873921 https://twitter.com/pmarca/status/457017580385873921 Square's valuation was based on common stock.