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Plaid raised $575M at a $6.1B valuation, below its peak $13B+ valuation in 2021, mostly to cover employees' tax bills for those converting RSUs to common stock (Financial Times)
Financial Times: Plaid raised $575M at a $6.1B valuation, below its peak $13B+ valuation in 2021, mostly to cover employees' tax bills for those converting RSUs to common stock — Pioneer of open banking will use $575mn raised from BlackRock and others to cover employee taxes and share buybacks
Financial Times:
Plaid raised $575M at a $6.1B valuation, below its peak $13B+ valuation in 2021, mostly to cover employees' tax bills for those converting RSUs to common stock — Pioneer of open banking will use $575mn raised from BlackRock and others to cover employee taxes and share buybacks
