Stripe job losses bring on the economic cold sweats

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The Collison brothers have admitted they were “too optimistic” about Stripe’s near-term growth in 2022 and 2023 and underestimated the likelihood and impact of a broader slowdown.

hey weren’t the only ones. So too did the investors who backed the internet company in its last funding round of $500m in March 2021, which valued the business at $95bn.

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