Stripe Co-Founder Plans Employee Stock Tender Offer

Reported 8 months ago

Stripe Inc.'s co-founder, John Collison, expects the company to provide another opportunity for employees to cash out some of their shares. The fintech company, which has seen significant growth with a $65 billion valuation and over $1 trillion in payments volume, is not rushing for an IPO. Collison mentioned that Stripe will likely conduct a third employee tender offer, emphasizing the focus on business growth and product development over an early public listing.

Source: YAHOO

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