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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: 0.328s | source
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remote_phone ◴[16 Apr 20 15:30 UTC] No.22890410[source]▶
I hope they are letting the employees cash out at these rounds. Otherwise they will end up like Uber, Lyft and other unicorn employees that not only got screwed by the IPO, but the subsequent taxes because of that. I know many Uber employees that need to sell at these low prices just to pay taxes and their RSUs leaving them with very little actual gains.
replies(2): >>22891712 #>>22892568 #
1. walshemj ◴[16 Apr 20 19:25 UTC] No.22892568[source]▶
That is a function of the very poor treatment of employee shares in the USA - maybe that is what the unionisation efforts in FANGS should target