Forbes:
Sources: senior Stripe execs have asked managers to restart giving lower ratings on performance reviews to 10% to 15% of staff, seeking to prune its workforce — As the economy slows, more tech companies have been showing employees the door. Now some senior leaders at Silicon Valley fintech giant Stripe …
Ellen Huet / Bloomberg:
How angel investing became a pastime and a way of socializing in Silicon Valley, with investors betting small amounts in friends’ startups — Maia Bittner is an angel investor, and she has a lot of friends who’ve founded startups. Sometimes they ask her if she wants to put money into their companies.
Marco Quiroz-Gutierrez / Fortune:
Stripe debuts a customizable fiat-to-crypto payments widget for Web3 devs to directly embed into their apps; Stripe to handle KYC checks, fraud, and compliance — DAVID PAUL MORRIS—BLOOMBERG VIA GETTY IMAGES — Payments processing company Stripe on Thursday announced a so-called …
Wall Street Journal:
Sources: Stripe co-founders Patrick and John Collison told staff their goal is to go public or let employees sell shares in private markets in the next year — Fintech startup hires Goldman, JPMorgan to advise on direct listing or private-market transaction involving employees’ shares
Olivia Poh / Bloomberg:
Google, Temasek, and Bain report: Southeast Asia online spending will rise ~20% in 2022 to $200B, down from 38% in 2021, as digital adoption growth normalizes — Growth in Southeast Asia’s internet economy is slowing after years of expansion, showing that even emerging digital markets aren’t immune to economic headwinds.
Nancy Scola / Politico:
A Q&A with CA Rep. Ro Khanna about Elon Musk, being mentioned in the “Twitter Files”, passing antitrust and privacy laws, cryptocurrencies, FTX, and more — A longtime creature of the tech world, it’s perhaps not surprising that Rep. Ro Khanna makes an appearance in the latest Silicon Valley scandal.
Nancy Scola / Politico:
A Q&A with CA Rep. Ro Khanna about Elon Musk, being mentioned in the “Twitter Files”, passing antitrust and privacy laws, cryptocurrencies, FTX, and more — A longtime creature of the tech world, it’s perhaps not surprising that Rep. Ro Khanna makes an appearance in the latest Silicon Valley scandal.
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