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by mtmail
1265 days ago
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You mean Stripe Climate? It's ambitious but if I read the launch press release correct Stripe put in $1m USD of its own money and the majority is funded Stripe's customers donating 1% of their revenue. I don't see them using free cash flow or a significant percentage of their own revenue on the project. The team organizing funding of the climate projects is not inside Stripe https://frontierclimate.com/ [Edit: turns out it does belong to Stripe "Frontier is a public benefit LLC wholly owned by Stripe Inc."] |
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