Stripe Mulls Employee Shareholder Sales are valuated at over $85 billion
stripe Sources familiar with multiple reports and issues say they are in discussions for another shareholder sale that could “at least” treasure the company for $85 billion.
First information It has been reported News that the payment infrastructure giant is working to sell employee-owned stocks. The move will help workers gain some liquidity as Stripe continues to refrain from planning to publish its long-awaited plans.
Stripe conducted a similar tender offer in February last year. It’s worth $70 billion. The company has skyrocketed valuation of $95 billion In 2021, it became one of the most valuable private companies in the world.
In January, Stripe said that Laying off 300 workersHowever, there were still plans to increase that number to around 10,000 by the end of the year.
Want more fintech news in your inbox? Sign up for TechCrunch Fintech here.
Want to tip and reach out? Please email me maryann@techcrunch.com Alternatively, send a message regarding the signal 408.204.3036. You can also send notes to the entire TechCrunch crew tips@techcrunch.com. For safer communication, Please click here to contact usincludes links to SecureDrop and encrypted messaging apps.