People familiar with the matter: Stripe plans to sell employee shares at a valuation of $85 billion
On February 11th, according to sources cited by The Information, payment service provider Stripe is considering arranging an employee stock sale plan, with a company valuation of $85 billion or higher. This will continue the company's previous stock buybacks, secondary market trades, and financing activities, bringing its valuation close to the historical peak of $95 billion set during its 2021 financing round. These financing activities have allowed the 15-year-old company to postpone its IPO, while providing liquidity opportunities for investors and employees.
Previously, Stripe completed an $1.1 billion acquisition of stablecoin infrastructure company Bridge, which may accelerate its stablecoin field layout.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
CandyBomb x US: Trade to share 5,400,000 US
[Initial Listing] Bitget to list Almanak (ALMANAK). Grab a share of 4,200,000 ALMANAK
