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Source: Stripe lowers its internal valuation by ~11% to $63B, its third known cut since June 2022, bringing the total reduction to ~40% in the past six months (Maria Heeter/The Information)

Maria Heeter / The Information:
Source: Stripe lowers its internal valuation by ~11% to $63B, its third known cut since June 2022, bringing the total reduction to ~40% in the past six months  —  Stripe has cut the internal value of its shares by about 11%, implying a valuation of $63 billion, according to a person familiar with the matter.

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