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tomnipotent on Nov 3, 2022 | parent | context | favorite | on: Stripe laying off around 14% of workforce

How can the share price of a private company be falling?

> They could afford to dip into cash

Why should they risk cash reserves with an uncertain future? So that they can layoff 30% later on if things get worse?

TomBombadildoze on Nov 3, 2022 [–]

Their own internal price target, the FMV they assign to shares.

https://www.wsj.com/articles/stripe-cuts-internal-valuation-...

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