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TRUE, BUTThe Annualiser

An estimated 50x revenue multiple

It was worth $1.3 billion three months ago. Estimated revenue multiple: 50x.

“Stripe agreed to acquire OpenRouter, an AI model routing startup, for more than $7 billion, roughly 5.4x its last reported valuation of $1.3B three months earlier.”

Bloomberg, TechCrunch, Fortune (reporting); Stripe (acquirer, declined comment), 16 August 2026

Recorded 17 August 2026. Our ruling means: literally true, materially misleading.

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Receipts pack

The evidence file for this verdict

4 receipts: 2 support the claim, 1 contradict it, 1 add context. 4 figures on the record, 1 traced to a quoted receipt.

The receipts

Each source, the line we quote from it, its date and which way it cuts. Free to read and to cite.

  1. 1Supports the claimtechcrunch.com ↗

    Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+

    Look up an archived copy ↗

  2. 2Contexttechcrunch.com ↗

    OpenRouter more than doubles valuation to $1.3B in a year

    Look up an archived copy ↗

  3. 3Supports the claimfortune.com ↗

    Stripe clinches over $7 billion deal to buy AI firm OpenRouter

    Look up an archived copy ↗

  4. 4Contradicts the claimpulse2.com ↗

    The company recently reached approximately $140 million in annualized revenue, nearly tripling its revenue pace from April

    Look up an archived copy ↗

Members' extras

What each receipt proves, and what would change our mind.

  • What each receipt above proves, in our words
  • The figures table, each number traced to the receipt that states it
  • The trick behind the claim, explained, with the guide to spotting it
  • What would change our verdict
  • Our call on the record, with its due date

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