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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: 0.206s | 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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1. wbronitsky ◴[16 Apr 20 22:57 UTC] No.22894432[source]▶
It’s worse than this; employees who helped build the company are systematically shut out of reaping the rewards. Things like 90 day exercise windows, no information on exit timelines, and more dilution like this, pitched as if it was some forgone conclusion will prevent people who should see immense value from this company from seeing anything other than a token sum.