Stripe reduces valuation to $50 billion following $6.5 billion raise

  • Stripe raises $6.5 billion in a down round.
  • Valuation is nearly halved to $50 billion.
  • A down round is a funding round that fetches a lower valuation for the company than its previous fundraise.
Picture of Tom

Tom

You may also like

Get the latest

Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Hot news

Travel

Lorem ipsum dolor sit amet consectetur adipiscing elit dolor

Most popular