Why Netflix’s Microsoft Partnership May Not Be Enough

Seems like another founder is reading The Information! Last week, we wrote about companies slashing their internal valuations to gain a recruiting edge. And now Stripe seems to have done just that. 

But don’t shed a tear for the payments company and its investors just yet: The valuation a company sets for employee compensation isn’t necessarily the same price its investors, which hold different types of shares, value it at. Any way you slice it, Stripe’s investors—and I suspect the vast majority of employees—are going to make a killing when it decides to go public. 

In any event, it’s time to gear up for earnings season. On to one of the companies that will be reporting next week…