On: Stripe cuts internal valuation by 28%

[OmarIsmail]

What does that have to do with the valuation getting lowered?

If a person had 1000 RSUs that were on paper worth 40k, now they are worth 30k. Either way they can’t be sold right now. And I don’t understand how 30k is “worthless”

[mulmen → OmarIsmail]

Because they can't be sold. If Stripe never goes public they will never be worth anything. It's funny money until you sell it.

[dcow → mulmen]

Right, so 28% is just a funny number.