Stripe, the payments software company that recently garnered a $95 billion valuation in a fundraising round, generated more than $120 million in earnings before interest, taxes, depreciation and amortization in the third quarter, according to the Financial Times , which cited an unnamed source. It generated $2 billion in gross revenue for the same quarter. Now the most highly valued private...
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Are Reporters Too Negative? Well, It Depends
These days, when I ask sources in Silicon Valley what I should write about, I get some version of: “The big story is really how great everything is going.”At that I roll my eyes. As a journalist, I’m wired to believe that the hype isn’t always as it appears. But lately I’ve been thinking more about the negative consequences of—well, being so negative. Because it’s also true that these...
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