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721 points hhs | 10 comments | | HN request time: 0.498s | source | bottom
1. GhostVII ◴[] No.22889908[source]
This is not a new valuation, is an extension of their series G from last year which also had a 35B valuation.
replies(3): >>22889967 #>>22889991 #>>22890002 #
2. preommr ◴[] No.22889967[source]
At this point we may as well just start using numbers instead of letters.
3. throwlaplace ◴[] No.22889991[source]
>series G

seriously? like they've had A,B,C,D,E,F,G rounds of vc funding?

replies(1): >>22890099 #
4. pc ◴[] No.22890002[source]
That's right; this isn't new. We just decided that it was prudent to extend the round a little given the economic uncertainty.
replies(2): >>22890176 #>>22891269 #
5. almost_usual ◴[] No.22890099[source]
Technically 8 if this is an extension of G
6. jacquesm ◴[] No.22890176[source]
In which book is $600M 'a little' :) Really, that's boatload of money by any standard.
replies(1): >>22890205 #
7. pc ◴[] No.22890205{3}[source]
Fair :-). "A little" relative to market cap. But, yes, $600M is a staggering amount of money in absolute terms.
replies(2): >>22891776 #>>22892039 #
8. amgreg ◴[] No.22891269[source]
Interesting — did you just extend the round at the same price and identical terms?
9. criddell ◴[] No.22891776{4}[source]
Please tell me it's to fund a massive expansion of Stripe Press! I want more books like The Dream Machine!

I just looked at your site and saw a book about Prince of Persia I hadn't seen before. I'm trying not to buy any more books because my stack is already too big but it's really tempting...

10. jacquesm ◴[] No.22892039{4}[source]
It's interesting though, how do you conceptually deal with these very large numbers? Do you equate it to some kind of internal standard of 'X employee years' or how does it work for you?