Stripe is the ultimate purveyor of proverbial shovels in the SaaS economy. To me the question is, why do they need more investor money?<p>So much capital is flowing through their servers that it kind of shocks me they'd need to give up any more equity rather than raising or altering price structures for their users to hit their financial targets.
It’s paywalled - here’s the TLDR:<p>They are starting to raise at a reported valuation of $70-$100B, but no one has paid this yet, reporting is preliminary. Their last private valuation was $36B in April.<p>Saved you reading 500 words..