Thursday, March 16, 2023

Stripe nearly halves valuation to $50 billion following $6.5 billion raise

Stripe's capital raise constitutes what is commonly known as a down round, where the latest funding fetches a lower valuation for the company than its previous fundraise.

from Tech-Economic Times https://ift.tt/tAXWhCZ

No comments:

Post a Comment

Mark Zuckerberg directed Meta to create a prediction markets app: NYT

Meta is reportedly developing a new app, codenamed 'Arena,' designed to function like prediction markets such as Polymarket and Kals...