Stripe is valued at $63 billion and is one of the Bay Area's most valuable tech startups. Now it's moving toward a major milestone in the next 12 months.
Jan 26, 2023, 10:34am PST
Online payment firm Stripe Inc. is moving toward an IPO within the next 12 months and has hired on major bankers as advisers, Stripe co-founders Patrick and John Collison announced to employees that the company will either go public or allow employees to sell their shares privately within the next year, sources familiar with the matter told the WSJ.Stripe is valued internally at $63 billion, a figure that has been cut multiple times over the past year, though it still remains one of the Bay Area's most valuable unicorns.
Formerly headquartered in San Francisco, the fintech relocated to Oyster Point in South San Francisco in 2021.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Mourning Half Moon Bay Community Gets Flood of Support, Donations From All Over the BayAs the Half Moon Bay’s farmworker community is reeling, support and donations are flooding in from around the Bay Area.
Leer más »
Wayfair and 8×8 prep job cuts in Bay Area in fresh tech layoffsWayfair and 8×8 have joined a fresh round of tech industry layoffs by revealing plans to jettison Bay Area jobs.
Leer más »
Critically acclaimed Bay Area bagel shop to open another locationIt's going to be a big year for the West Coast's favorite bagel.
Leer más »
Bay Area music festival returns for second year, announces lineupThe second-year festival is set to take place just north of San Francisco.
Leer más »
Here are the Bay Area’s most expensive zip codes to rent an apartmentThe Bay Area is home to nine of the 100 most expensive U.S. zip codes to rent an apartment, according to a new report.
Leer más »
Bay Area basketball star chosen to play in McDonald’s All-American gameHeritage’s UCLA-bound Amanda Muse among 48 girls, boys players nationally to receive McDonald’s All-America honors.
Leer más »