Negative equity: private companies face valuation write-downs as new reality bites

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Stripe’s vertiginous drops in value are just the most high-profile example of a problem facing many private companies as the market loses its froth

One of the most high-profile private companies in the world today is Stripe, the payments firm founded by Patrick and John Collison.

The start-up has been widely feted for its technology that makes it easier to process payments online, driving the success of many e-commerce websites and apps. It has also, more recently, proved to be a shining example of how private company valuations have ballooned in recent years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Royal Bank of Canada becomes top financier for fossil fuel industryCanadian banks seen as ‘lenders of last resort’ for carbon-intensive companies and projects
Source: IrishTimesBiz - 🏆 6. / 77 Read more »