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Stripe in talks for shareholder sale valued at $85 billion

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18 hours ago

Summary

Stripe is considering selling employee-owned stocks, potentially valuing the company at $85 billion. This comes after the company conducted a similar tender offer in February valued at $70 billion.

Key Points

Stripe has held off on going public and continues to work towards this goal.
The company's valuation has spiked several times since its last round of funding in 2021, with the latest being $95 billion.
Stripe laid off 300 workers in January but still plans to grow its headcount to about 10,000 by year's end.

Why It Matters

This significant valuation could impact Stripe's future plans and employee ownership, as well as its position in the fintech industry.

Author

Mary Ann Azevedo

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