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Breakingviews - Fintech darling Stripe has first-world problems
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When a startup raises cash at a lower valuation than before, it's usually a bad sign. When it's a fintech darling previously valued at $95 billion, the whole industry takes notice. Patrick and John Collison are seeking fresh funds for the company they co-founded 13 years ago while exploring options to take it public, according to people familiar to the matter. Though a solid business model and rapid growth have allowed Stripe to remain private, it has its share of first-world problems.
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