Stripe’s new and lower internal valuation, explained

Stripe has been in the news this past week for lowering its own valuation to around $74 billion from $95 billion, a 28% decline that  made waves in startup-land.
Given the company’s size and its status as one of the most richly valued startups in history, the payments giant carries significant weight in the private markets. It’s worth taking the time to make sense of this internal valuation cut, especially to understand if the move is as bearish as the big numbers might lead some to believe.
The Wall Street Journal reported that Stripe’s new valuation was not set by a new fun

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