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Investor document: Stripe seeks to raise ~$2.3B to cover Q1 tax withholdings and plans to withhold an additional $500M in 2022 and $700M in 2023 (Bloomberg)

Posted 3 weeks ago by technology_o6swjd

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Bloomberg:
Investor document: Stripe seeks to raise ~$2.3B to cover Q1 tax withholdings and plans to withhold an additional $500M in 2022 and $700M in 2023  —  Stripe Inc., one of the world’s most valuable startups, told investors it plans to use money it receives in its latest round of fundraising to help cover a roughly $3.5 billion tax bill.

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