2min chapter

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Stripe to raise $6B, $SIVB drops 60%, generative AI funding | E1695

This Week in Startups

CHAPTER

Stripe Raising $6 Billion?

Stripe has been raising this round and I got a source and then another source that said stripe was raising actually $6 billion. And it's at a $50 billion valuation down from 96, which had been the peak. But this is not money for stripe to use to run its business. All the money is basically going to be used to help resolve this.

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