Stripe's valuation increased to $65 billion
Stripe's valuation has increased to $65 billion in a recent employee stock sale deal, marking a 30% rise from its valuation in the previous year. This increase contrasts with its $95 billion peak in 2021. The agreement involved buying over $1 billion of shares from current and former employees, with notable participation from investors like Sequoia Capital and Goldman Sachs's growth equity fund. This move, seen as a liquidity provision for employees, postpones the anticipated Stripe IPO, possibly until after 2024.
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Private companies carry inherent risks and may not be suitable for all investors. The information provided in this article is for informational purposes only and should not be construed as investment advice. Always conduct thorough research and seek professional financial guidance before making investment decisions.
