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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: 0s | source
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pianoben ◴[16 Apr 20 20:29 UTC] No.22893204[source]▶
Jeez, just go public already! You've had employees waiting for nigh on a decade to realize the value of what they've built, but instead it appears that those gains are just going to VCs (and whoever is privileged enough to take money off the table during these raises).

Perhaps I'm being too cynical, and perhaps Stripe is taking a more enlightened view than I'm giving it credit for, but my goodness this trend of large businesses just raising money forever (and long after they cease being startups) is frustrating. At least at Google I know I can actually spend all of my paycheck at some point in the decade after I've earned it.

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ztratar ◴[16 Apr 20 21:43 UTC] No.22893880[source]▶
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1. pianoben ◴[16 Apr 20 22:07 UTC] No.22894058[source]▶
Credit where credit due - that's better than most private companies I've heard about. Even so, that's a low bar to clear. Ideally, my employer shouldn't even have a say in my decision to sell or hold my equity once I've earned it. That's a different topic.

Just to be clear, I've never worked at Stripe and have no personal bone to pick. I just think it's a shame that all this wealth generation is happening, and not only is the public frozen out of the growth, many of the talented people who made it happen are _also_ frozen out as well.