Dave Ahern's avatar
Dave Ahern
@ifb_podcastMarch 1
$4.8m follower assets
Stripe’s Valuation Continues to Drop
Interesting article highlighting the drop in Stripe’s valuation. The company has lowered their internal valuation three times in recent months.

It appears some of the shine is coming off the company.

Long $ADYEY.


https://www.pymnts.com/news/investment-tracker/2023/stripe-slashes-valuation-of-55b-funding-campaign/
www.pymnts.com
Stripe Slashes Valuation of $55B Funding Campaign
Payments processing company Stripe has lowered the valuation of its $55 billion fundraise by around 10% at a time when finding investments is difficult.
Stripe Slashes Valuation of $55B Funding Campaign
Benjamin Tan's avatar
Benjamin Tan
@consumeowntechMarch 1
I remember the founder touting Stripe’s profitability and lack of pressure to raise further equity just a year plus ago…
Modern Growth Investing's avatar
Modern Growth Investing
@growthinvestingMarch 3
Stripe always baffles me, idk why they are still private, would be hard to buy when they come public, sounds like a $SNOW story waiting to happen
Rihard Jarc's avatar
Rihard Jarc
@rihardjarcMarch 3
Let's see how much profit the "unicorns" can deliver. Would be interesting to have tech IPOs of already profitable companies - fresh wind.

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