Payments business Stripe is expected to close another round of funding at a valuation between $70 billion and $100 billion, according to a Bloomberg report. The company, founded in 2010 by brothers Patrick and John Collison, raised $600 million at a $36 billion valuation in April. Stripe has raised nearly $2 billion to date from Sequoia Capital, GV, General Catalyst, Andreessen Horowitz...
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The Clubhouse Investment Boom: The Information’s Tech Briefing

Just when you think the stock market excesses couldn’t get any crazier, along comes GameStop. In the space of a few hours today the stock, which was trading at $20 two weeks ago, more than doubled to a high of $159 before collapsing back to $76.79. Like a lot of other stocks bouncing around like a yo-yo lately—video-streaming service FuboTV comes to mind—trading in GameStop is...
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