Stripe the Unicorn Maker: Stripe has become so large and wealthy while private that it is able to act as a multi-stage venture capital firm. Evidence of this came recently from PostHog’s $70 million Series D, which Stripe led. PostHog, which sells open-source #(Cool) Dev tools for teams building digital products, is a weird company in the best possible sense. It’s cutting against limited free tiers, closed-source code, price increases and lock-in. And the model appears to be working, given its open-source cred and new funding round. https://news.crunchbase.com/ai/startup-posthog-tweet-funding-round-stripe/?_bhlid=c082236711ad62f4173859b4b2055a1c4ebeaa5f

Nate

6 months ago

shared a link post in group #(Cool) Dev

Stripe the Unicorn Maker: Stripe has become so large and wealthy while private that it is able to act as a multi-stage venture capital firm. Evidence of this came recently from PostHog’s $70 million Series D, which Stripe led. PostHog, which sells open-source #(Cool) Dev tools for teams building digital products, is a weird company in the best possible sense. It’s cutting against limited free tiers, closed-source code, price increases and lock-in. And the model appears to be working, given its open-source cred and new funding round.

news.crunchbase.com/ai/st..

news.crunchbase.com

Meet PostHog, A Startup That Just Raised A $70M Series D Led By Stripe From A Single Tweet

PostHog, which aims to help developers build “successful products,” quietly announced last week that it had raised $70 million in a Series D funding round at a $920 million valuation led by digital payments giant Stripe.