Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.
Category: Kushner, Joshua
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Why Stripe Is Raising Money at a Lower Valuation
The New York Times – Business: -
Thrive Capital Said to Lead Potential Investment in Stripe
The New York Times – Business:Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said.
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A Short Seller, Hindenburg Research, Bets Against Adani Group
The New York Times – Business:Hindenburg Research accused the Adani Group of orchestrating the “largest con in corporate history,” sending shares of its companies tumbling on Wednesday.