Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday | TechCrunch

Sequoia Capital offers to purchase $861 million worth of Stripe shares from LPs in older funds, indicating delayed IPO challenges and confidence in Stripe's future success.

The move by Sequoia reflects LPs' desire for liquidity and confidence in Stripe's ability to reward investors, despite a decline in valuation from $95 billion to $65 billion.

Read at TechCrunch