Stripe mulls employee shareholder sale at $85B-plus valuation

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Stripe is in talks for another shareholder sale that could value the company at “at least” $85 billion, according to multiple reports and a source familiar with the matter.

The Information first reported the news that the payments infrastructure giant is working to sell employee-owned stocks. The move would help workers gain some liquidity as Stripe continues to hold off on long-awaited plans to go public.

Stripe last February conducted a similar tender offer in which it was valued at $70 billion. The company spiked to a $95 billion…



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Stripe mulls employee shareholder sale at $85B-plus valuation


Stripe is in talks for another shareholder sale that could value the company at “at least” $85 billion, according to multiple reports and a source familiar with the matter.

The Information first reported the news that the payments infrastructure giant is working to sell employee-owned stocks. The move would help workers gain some liquidity as Stripe continues to hold off on long-awaited plans to go public.

Stripe last February conducted a similar tender offer in which it was valued at $70 billion. The company spiked to a $95 billion…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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