Stripe reduced its internal valuation by 28% to $74 billion

July 19, 2022

  • Last week, Stripe reduced its internal valuation by 28% to $74 billion.

  • Wefox raised $400 million at a $4.5 billion valuation.

  • BlockFi was acquired by FTX for $240 million.

  • Degreed acquired Learn In, a talent resource startup.

  • Klarna has revised its upcoming funding round expectations to a $6.5 billion valuation.

  • Reddit acquired MeaningCloud, a natural language processing firm.

  • Triller confidentially filed documents for its IPO.

  • The news articles and links presented below are available for your reference.

STRIPE

“ Stripe Cuts Internal Valuation by 28%”

WEFOX

“Wefox grabs $400M at $4.5B Valuation to Buck the Insurtech Downturn Trend”

BLOCKFI

“FTX Agrees Deal With BlockFi With Option to Acquire for $240 Million”

DEGREED

“Degreed’s Co-founder is Back at the Company He Left…with the Startup he Built”

KLARNA

“ Klarna in Talks to Raise Fresh Cash at Slashed $6.5 Billion Valuation”

REDDIT

“ Reddit Acquires Natural Language Processing Company MeaningCloud”

TRILLER

“Short Video App Triller Confidentially Files for U.S. IPO”

Kirat Lall