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🍪 What happened at Stripe
Happy Thursday, friends. Happy first week of spring. Or, according to TikTok, happy first-week-of-Taylor-Swift’s-tour. Her opening night broke Madonna’s record for the most attended female concert in U.S. history.
If ya want something done, just leave it to the Swifties.
Alright, now get to the good stuff.
In the oven this week:
- 🥺 Cute story of the day: what happened at Stripe
- 🍪 Cookie crumbs: 5 bite-sized headlines
- 💰 Poll of the week: BTC to 1M?
- 🍫 Chocolate chips: our 3 favorite finds of the week
- 😂 Snickerdoodles: Thursday memery
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FRESHLY BAKED: WHAT HAPPENED AT STRIPE
Silicon Valley’s favorite child just got some more cash.
That’s right, Stripe raised $6.5B at a $50B valuation.
Normally, you couldn’t catch us giving a flying f about this kinda stuff, but this announcement caught our eye.
Why?
First off, it’s a huge down round. Two years ago, Stripe was valued at $95B.
Our brain: 😳
Our brain: Interesting…they cut their valuation in half. Tough economy.