Sources: Stripe is aiming to raise ~$2.5B at a $55B to $60B valuation, led by Thrive Capital, which has committed $1B; Stripe was valued at ~$95B in March 2021
Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said.
Less interested in Stripe doing a down round from $95B to $60B and more interested in why 12 years in, Stripe still needs to be raising money. Are they not profitable? If they weren't during the COVID e-commerce highs, when will they be? https://www.nytimes.com/...
Fintech comps are down 60%-plus from peak. Stripe, which missed investor targets last year, raising $3 b (!) at 40% discount to peak round https://www.nytimes.com/...
First material down round I hear about. Next few months will be interesting. Stripe in Talks to Raise From Current Investors https://www.theinformation.com/ ...
Stripe to raise new round at 2/3 last valuation. Repricing of most late stage startups waiting for the IPO window to open will happen in private, so this is a rare valuable public benchmark/placeholder for what to expect via @nytimes https://www.nytimes.com/...
Interesting story, this. So Stripe is raising $2.5b, led by Thrive (😳) @ a $60b valuation, ostensibly to pay a tax bill & to offer employee liquidity. https://www.nytimes.com/... At ~$3b net revs, sounds like a generous multiple for what growth rate? Curious why equity & not debt…