https://techcrunch.com/2023/01/27/fintech-stripe-tried-to-raise-more-capital-at-a-55b-60b-valuation/
It’s a money inferno
Hahah
What does Stripe uniquely provide that other payment providers don't? I use it maybe once per year.
I used it once to get money out of thredup for items we sold. surprisingly high % fee (though actually small dollar amount) to make a "withdrawal". I believe it was the only option.
Those fees would have been set by ThredUp, not Stripe. Stripe does have a per-payout cost but it’s fractional (cents) because ACH is very cheap.
fair enough, I have no way of knowing who got the fee, but the impression I got was it was a Stripe fee for using their service
Tech crunch says they want $2bn for a tax bill “related to employee stock”. What is that tax bill? Are they going to vest everyone AND pay associated income taxes?
ITT: People who don’t understand how Stripe works and how large they actually are.
Series H. Maybe they’re going for the most prestigious S round.
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Stripe was the hottest tech firm on blind back in 2021 We are yet to see anything with such hype