Stripe is trying to capitalize for a capital intensive endeavor: Stripe Capital.
An IPO would have been one way to fund it, but likely would have involved a lot of financial scrutiny along the way, which would probably distract them from the main point of raising the funds.
A bold move which will hopefully work out for them and not overvalue the company before they attempt to go public later on.
An IPO would have been one way to fund it, but likely would have involved a lot of financial scrutiny along the way, which would probably distract them from the main point of raising the funds.
A bold move which will hopefully work out for them and not overvalue the company before they attempt to go public later on.