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Stripe raises $600M at nearly $36B valuation

(www.axios.com)
721 points hhs | 2 comments | 16 Apr 20 14:35 UTC | HN request time: 0s | source
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kashura ◴[16 Apr 20 15:29 UTC] No.22890397[source]▶
If they are so successful, why do they need to continuously raise money?
replies(4): >>22890425 #>>22890447 #>>22891449 #>>22893165 #
1. nihil75 ◴[16 Apr 20 15:34 UTC] No.22890447[source]▶
How true.. it's the 'debt economy' - raise, spend, grow, pick up the tab later/never.
replies(1): >>22893466 #
2. pjscott ◴[16 Apr 20 20:56 UTC] No.22893466[source]▶
This is equity financing, not debt. There's no tab to pick up.