Plaid 50% valuation cut?

New
awefawawef

New

awefawawef
Apr 29 24 Comments

Been seeing some chatter about a Plaid valuation cut.

Can anyone from Plaid confirm?

#plaid #startup

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 TOP 24 Comments
  • Conviva
    elon sucks

    Go to company page Conviva

    PRE
    Amazon, Google, Netflix, Apple, Meta
     elon sucks
    Link to source?
    Apr 29 3
  • Plaid
    cndieksk

    Go to company page Plaid

    cndieksk
    Not true. Carta seems to be showing the 409a price not the post money valuation. The 409a price was always 300+ and looks like it barely dropped.
    Apr 29 0
  • Plaid
    cegauwi

    Go to company page Plaid

    cegauwi
    There’s no meaningful change and I don’t think our valuation is down at all. Plaid raised in March of last year, so the valuation probably went up a lot by Nov and you can say it probably normalised at or around the March valuation.

    Again no one can say for certain what happened. If you prefer liquidity then there are better companies out there, but overall Plaid is a super strong business with a very strong moat and the benefits will compound in the years to come.

    take a chance on us by joining. You won’t regret it
    May 3 7
  • Google
    OuOL06

    Go to company page Google

    OuOL06
    Someone should really understand valuations and 409as before making such a reckless claim.
    Apr 29 2
  • Plaid
    wenipo

    Go to company page Plaid

    wenipo
    No one is certain what happened with the valuation change (in the internal Blind). The 409a valuation has changed, from what number is being debated right now.

    Either way, there's no confirmation if it has actually dropped by the "50%" that's floating around.
    Apr 29 1
    • Plaid
      xfmR83

      Go to company page Plaid

      xfmR83
      It's worth reading up on what a 409a is. Plaid valuation didn't change at all. 409a is a tax tool that is relevant to peeps that have options, and that number barely wavered
      Apr 29