{"id":84188,"date":"2023-03-16T00:15:41","date_gmt":"2023-03-16T04:15:41","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84188"},"modified":"2023-03-16T00:32:53","modified_gmt":"2023-03-16T04:32:53","slug":"stripe-slashes-valuation-to-50-billion-in-new-6-5-billion-funding-round","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2023\/stripe-slashes-valuation-to-50-billion-in-new-6-5-billion-funding-round.html","title":{"rendered":"Stripe slashes valuation to $50 billion in new $6.5 billion funding round"},"content":{"rendered":"\n<p>(CNBC) Payment processor Stripe raised $6.5 billion at a $50 billion valuation, the company <a rel=\"noreferrer noopener\" href=\"https:\/\/stripe.com\/newsroom\/news\/stripe-series-i-employee-liquidity\" target=\"_blank\">said Wednesday<\/a>, a sharp discount from its record valuation of $95 billion in 2021. \u201cStripe does not need this capital to run its business,\u201d the company said in a press release. The cash raise \u2014 with contributions from Andreessen Horowitz, Founders Fund,\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/GS\/\">Goldman Sachs<\/a>, and Temasek \u2014 will instead go towards providing liquidity to \u201ccurrent and former employees\u201d <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/03\/15\/stripe-raises-series-i-billion-at-sharply-reduced-50-billion-valuation.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Payment processor Stripe raised $6.5 billion at a $50 billion valuation, the company said Wednesday, a sharp discount from its record valuation of $95 billion in 2021. \u201cStripe does not need this capital to run its business,\u201d the company [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84188","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84188"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84188\/revisions"}],"predecessor-version":[{"id":84189,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84188\/revisions\/84189"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}