Page 25 - Patrick Collison News Today

Because of Prop. F, the fewer employees who show up at S.F. offices, the lower is a company’s gross receipts tax bill, perversely incentivizing remote work

Stripe Chief Financial Officer Dhivya Suryadevara is planning to leave the firm to attend to family matters as the company continues to weigh options for raising liquidity.

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.

Tech companies large and small are slashing their payrolls, fearing a recession is on the way. Here's a running list.

Thrive Capital is reportedly committing $1B in fresh capital to fintech giant Stripe as the company seeks to raise at a $55B-$60B valuation.

Stripe, which is based in San Francisco and has offices in Dublin, has called in Wall Street giants Goldman Sachs and JP Morgan.

Payments giant Stripe last raised venture capital -- $600 million at a staggering $95 billion valuation -- in 2021.

Stripe's IPO may be on the horizon, with the company telling employees it will decide within the next year whether to go public.

The payments processing start-up, one of the world’s most valuable private companies, could go public in the next year, people with knowledge of the matter said.

Amid a dormant IPO market, Stripe will make a decision on its plans to go public within the next year, according to people familiar with the matter.