Fintech Shakeups

A lower 409a valuation can benefit companies by making stock options more attractive to prospective employees, but the recent layoffs at Stripe raise questions about its recruitment strategy. Meanwhile, Clear Co faces significant changes as its last co-founder steps down and the company announces a 30% workforce reduction, despite its impressive $2 billion valuation and backing from SoftBank. The future of Clear Co remains uncertain amidst this turbulence.