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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Business

Latest investment round values Stripe at $50 billion

Stripe Logo Photo Credit: Reuters Stripe Logo Photo Credit: Reuters
Stripe Logo Photo Credit: Reuters Stripe Logo Photo Credit: Reuters

Stripe’s newest capital round valued the company at $50 billion, down from $95 billion in its previous round.

Stripe raised $6.5 billion from Andreessen Horowitz, Peter Thiel’s Founders Fund, and General Catalyst.

Last month, Reuters reported that the business may not go public this year despite its goal of being profitable.


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