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The Latest Breaking News from Stripe

Why a Stripe down round would be a ‘good lesson’ for startups, according to one VC

The payments titan is reportedly in talks to raise funding at a valuation of up to $60 billion—a big discount from its last valuation of $95 billion in 2021.

Fortune

Stripe could be valued at $60 billion after investments from firms including Thrive Capital

Thrive Capital's possible investment in digital payments giant Stripe follows recent reports of its founders planning to go public within one year.

Fortune

Fintech Moov just raised $45 million in a ‘very difficult’ environment. Here’s how

Moov Financial spent three months raising its latest round that saw Visa investing for the first time.

Fortune

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'There was no humanity': The cruelty of tech layoffs leaves employees emotionally devastated

In an industry that thrives on cold efficiency, a little humanity can go a long way.

Fortune

VCs weigh in on what a possible Stripe public listing—or a down round—means for Silicon Valley

VCs react to news of Stripe’s liquidity options—including possibly, finally, going public.

Fortune

Digital payments giant Stripe considers going public within one year

Within the next 12 months, executives at Stripe told employees that the company will either list itself on the stock market or allow employees to privately sell shares.

Fortune

The 2023 IPO market: What to expect when you’re not expecting

A look at which companies are ripe for a public debut—and which won’t make the list.

Fortune

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IPO outlook: After a boom and bust in recent years, 2023 may be the year unicorns Stripe, Chime, and Instacart list shares

The IPO pipeline closed in 2022, but there’s reason to believe that it may reopen as 2023 gets underway.

Fortune

How partners at Google parent Alphabet’s growth fund CapitalG are tackling the downturn

As Google parent Alphabet cuts back on hiring, the growth fund says there have been “no material changes” to Alphabet’s VC allocation.

Fortune

Pandemic e-commerce boom here to stay

Internet commerce has grown explosively over the past five years.

Axios

Payments giant Stripe jumps into Web3 with tool that helps companies turn cash to crypto

Stripe said in a Thursday blog post that the new fiat-to-crypto product will also handle fraud, compliance, and know your customer checks.

Fortune

Foreign Workers Are Losing Their Tech Jobs. Will They Have To Leave the Country Too?

Thousands of tech workers are being laid off. That’s putting H-1B visa holders on tight timelines to find new work.

Reason

From immigration support to free office furniture: How severance packages for laid-off tech employees compare

An inside look at how severance packages at tech companies like Microsoft, Netflix, and Lyft stack up.

Fortune

Tech layoffs are not the canary in the coal mine for the U.S. labor market, Morgan Stanley says

Tech firms including Lyft, Twitter, Stripe, Meta and Amazon have laid off staff in recent months.

Fortune

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WEKU

It's the end of the boom times in tech, as layoffs keep mounting

Amazon will reportedly lay off 10,000 employees as soon as this week. That follows job cuts at Meta, Twitter, and Stripe, with CEOs citing economic uncertainty and a slowdown in online ad buying.

Fortune

What Elon Musk got wrong and Stripe got right with layoffs

Stripe’s recent layoff memo is an example of how leaders can approach layoffs with compassion and accountability.

WEKU

Facebook parent company Meta sheds 11,000 jobs in latest sign of tech slowdown

CEO Mark Zuckerberg apologizes for the layoffs, which represent the first large-scale workforce reduction in the company's 18-year history.

Tribune News Service

Widening tech, biotech job cuts could jolt broader Bay Area economy: experts

SAN JOSE, Calif. — Bay Area tech and biotech companies have recently revealed plans to chop thousands of jobs, layoffs that raise the specter that these cutbacks might haunt the region’s broader economy.

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news in one place.

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Fortune

What Elon Musk could learn from Stripe about executing layoffs

Twitter’s and Stripe’s layoff memos provide a look at how employers should—and shouldn’t—treat employees.

Irish Mirror

Taoiseach and Tánaiste says country will regroup amid tech job layoffs due at Meta and Twitter

Mr Martin was speaking after two major tech employers in Ireland, Twitter and Stripe last week announced hundreds of imminent job losses

Dublin Live

Recession Ireland: Top economist makes grim prediction about Dublin's tech 'dream'

Twitter and Stripe, the online payment company, shed a significant number of their staff this week

Dublin Live

Dublin TikTok lawyer slams Twitter's 'redundancies by email' and gives stark warning

Hundreds of Twitter workers at their Dublin office received emails this morning

Irish Mirror

Leo Varadkar says tech firms may have 'expanded too quickly' amid Twitter job cuts

“I’d like to express my sympathy to those people who are going to get bad news today"

Dublin Live

Stripe founders admit they ‘overhired’ as redundancies loom for staff

The tech company is owned by Irish brothers Patrick and John Collison and has 600 Dublin employees

Irish Mirror

Irish tech billionaire John Collison's €6m plan for derelict Laois mansion he bought for €400,000

The Stripe co-founder said he would make Millbrook House in Co Laois a 'spectacular home'

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