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Fintech giant Stripe's valuation spikes to $65B in employee stock-sale deal

The valuation represents a 30% increase compared to what Stripe was valued at last March when it raised $6.5 billion in Series I funding. ....

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Fintech giant Stripe's valuation spikes to $65B in employee stock-sale deal

Payments infrastructure giant Stripe said today it has inked deals with investors to provide liquidity to current and former employees through a tender offer at a $65 billion valuation. Notably, the valuation represents a 30% increase compared to what Stripe was valued at last March when it raised $6.5 billion in Series I funding at a $50 billion valuation. While Stripe declined to comment beyond a written statement, a source familiar with the internal happenings in the company told TechCrunch that Stripe and some of its investors agreed to purchase over $1 billion of current and former Stripe employees’ shares. ....

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Sequoia Capital's partner says he wouldn't be the top boss without taking 3 'meaningful' pay cuts throughout his career

Sequoia Capital Managing Partner Roelof Botha had a decision to make after he finished his studies in actuarial science at the University of Cape Town: become… ....

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Sequoia Capital Faces US Congressional Scrutiny Over Investments In China

Sequoia Capital Faces US Congressional Scrutiny Over Investments In China
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Sequoia Capital faces US Congressional scrutiny over investments in China

A US Congressional panel has announced a bipartisan scrutiny into top investment firm Sequoia Capital's investments in China.The Select Committee on the Chinese Communist Party (CCP), led by Mike Gallagher (R-WI) which also has Indian-American . ....

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