[Eric_Newcomer]

I wrote the story and would love if you would subscribe to Newcomer. A little additional context on the round from the story:

"The funding round is one of the largest venture rounds in a private technology startup ever. OpenAI’s Microsoft deal, if it ends up totaling $10 billion, would be larger, but it’s a different sort of animal. This Stripe round is humongous by any standard.

The money is going toward helping early Stripe employees exercise their restricted stock units before they expire and then toward organizing a tender offer for employees to sell shares.

While the tax bill has been estimated to total about $3.5 billion, much of the excess money will be used to allow employees to sell their Stripe shares.

The funding round is not intended for Stripe’s corporate coffers."

I get into the debate around the appropriate valuation later in the story.