I reported in May that $SHOP had invested US$200m in an unidentified company in its ecosystem in Q1. According to the WSJ, that co is Stripe - and the amount is even higher. Here's the WSJ's story, & ours. https://www.wsj.com/... https://www.theglobeandmail.com/ ...
Stripe isn't a household name, but the fintech is now the most valuable private company in Silicon Valley. Investors bought roughly $1 billion in a recent tender offer, and they would have bought more if they could. https://www.wsj.com/...
Stripe is the one pre-IPO company that I'd literally put all of my money in if I could. This is the one place where rich people who can afford to be LPs in venture firms have an advantage over retail investors by being able to buy shares pre-IPO. https://www.wsj.com/...