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Stripe raises $600M at nearly $36B valuation

(www.axios.com)
721 points hhs | 3 comments | 16 Apr 20 14:35 UTC | HN request time: 0.411s | source
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GhostVII ◴[16 Apr 20 14:48 UTC] 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.
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pc ◴[16 Apr 20 14:57 UTC] 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 #
jacquesm ◴[16 Apr 20 15:10 UTC] No.22890176[source]▶
In which book is $600M 'a little' :) Really, that's boatload of money by any standard.
replies(1): >>22890205 #
1. pc ◴[16 Apr 20 15:13 UTC] No.22890205[source]▶
Fair :-). "A little" relative to market cap. But, yes, $600M is a staggering amount of money in absolute terms.
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2. criddell ◴[16 Apr 20 17:47 UTC] No.22891776[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...

3. jacquesm ◴[16 Apr 20 18:21 UTC] No.22892039[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?