The valuation represents a 31% increase from the $6.1 billion valuation the 13-year-old company achieved in April of last year, when it raised a $575 million round led by Franklin Templeton for partly the same purpose: purchasing shares from employees, including to help them cover the taxes associated with converting expiring restricted stock units (RSUs, a form of equity compensation) into shares.
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"A few things we read on TikTok and Instagram said, 'I was actually surprised, I thought he wouldn't be very good, but it's music's actually all right'."
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It’s a small change to how you work, but once you do it you won’t go back. Every time I see a .env file now I think about that conversation in the Tesla and wonder why I didn’t do this years ago.
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