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The Latest Breaking News from Stripe

Junior Bernie Madoff? Businessmen who say they were bilked of tens of millions say Sean Grusd was just as ‘brazen’

He’s accused of conning prominent Chicago businessmen including John Stafford III and Patrick Buck into investing millions — but spending the money on fancy cars, real estate and vacations.

Chicago Sun-Times

'I'm running the business as if I will never fundraise again,' says Crunchbase CEO

Companies raised 53% less in the first quarter than they did in 2022.

Fortune

Andrew Tate timeline: From Big Brother assault scandal to human trafficking charges

The controversial influencer and his brother Tristan are facing an arrest warrant for sexual aggression in the UK

The Independent UK

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Over 150,000 people have been let go so far this year. Are layoffs a confession of bad management?

If 2023 is “the year of efficiency,” what were the CEOs of Meta, Amazon, and others doing in all those previous years?

Fortune

I tested the Stripe Terminal - read what I thought of this POS solution

Stripe offers a versatile solution that works for different business niches. However, I recommend it mainly for medium and large-scale enterprises, not small businesses.

TechRadar

Big banks came to First Republic's rescue, but changing the 'psychology of depositors' may not be easy

“Founders are pretty confused at [the] moment” one venture investor said.

Fortune

How to avoid hiring blunders using 3 data points

Stripe’s former chief operating officer shares how employers can fix hiring mistakes when building a team.

Fortune

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Stripe: ‘The IRS can help the next wave of American entrepreneurs. Here’s how’

The IRS should maintain and expand pandemic-era electronic application processes so that new businesses can get up and running.

Fortune

A Q&A with Laela Sturdy, the brand new head of CapitalG

CapitalG’s Laela Sturdy has led some of the fund's most prominent investments including Stripe, Duolingo, and UiPath.

Fortune

Brits arrested as alleged international fraud gang busted in Malaysia

Gang accused of exploiting company stock market launches to target investors

Daily Mirror

Checkout.com's CFO will become president and COO with a plan to disrupt payments in the U.S.—and take on Stripe

In this macroenvironment, the company provides services a "CFO or a chief product officer needs right now,” Céline Dufétel says.

Fortune

Where startups are cutting spending, in 3 charts

Consulting expenses are up and marketing spending is down, according to data from Brex based on 10,000 businesses.

Fortune

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

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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

'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.

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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

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.

Axios

Pandemic e-commerce boom here to stay

Internet commerce has grown explosively over the past five years.

Fortune

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.

Reason

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.

Fortune

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.

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