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lechacker | 3 years ago

A 50% drop is a big oof moment for Stripe. But then again I don't think the company was every really worth +90b dollars.

If I were an employee I'd take the liquidity now before this goes the way of WeWork

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brendonjohn|3 years ago

> the way of WeWork

That's an unreasonable comparison. Stripe is not deeply tied to commercial office real estate.

missedthecue|3 years ago

It's tied to arguably a worse asset base: tech startups

jzoch|3 years ago

It’s not an oof moment at all - this decrease in valuation is inline (actually less) than most of their peers in the same time frame.

The economy is very different from when they last raised.

shapefrog|3 years ago

> If I were an employee I'd take the liquidity now before this goes the way of WeWork

To take the liquidity an investor has to give the liquidity - if all the employees on the inside believe in the mission so much that they want to sell ...