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Stripe raises $600M at nearly $36B valuation

(www.axios.com)
721 points hhs | 1 comments | 16 Apr 20 14:35 UTC | HN request time: 0.233s | 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.
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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.
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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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1. 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...