Stripe is in negotiations for a shareholder sale that could value the company at a minimum of $85 billion, providing employees with liquidity options. This sale comes as Stripe is delaying its initial public offering (IPO) plans, which have been long-awaited. Previously, in February, the company had a similar tender offer valuing it at $70 billion, although it reached a peak valuation of $95 billion in 2021. Despite a recent layoff of 300 staff, Stripe still plans to increase its workforce by the end of the year.
Stripe's new shareholder sale could value the company at 'at least' $85 billion, providing liquidity options for employees as it delays its IPO plans.
As Stripe delays its long-anticipated IPO, the company is facilitating liquidity for its employees through another tender offer to sell employee-owned stocks.
Though Stripe laid off 300 workers earlier this year, the company plans to grow its headcount to about 10,000 by the end of the year.
Valued at $70 billion during its last tender offer, Stripe aims for an even greater valuation amidst significant discussions about its future.
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