Stripe confirms $70B valuation and turns to the secondary market to provide liquidity to its early investors
Popular Secondaries
23 July 24

According to Techcrunch, Stripe’s major investor Sequoia Capital emailed LPs in funds raised between 2009 and 2011 with an offer to buy up to $861 million worth of shares in Stripe. It revealed that the company’s most recent 409A valuation was $70 billion.

In January of 2023, it was reported that Stripe had set a 12-month deadline for itself to go public or it would pursue a transaction on the private market, such as a fundraising event and a tender offer.

This spring, Stripe had inked deals with investors to provide liquidity to current and former employees through a tender offer at a $65 billion valuation.

Stripe has a high liquidity on the Launchbay platform, more than 50% of deals for the last 6 month were bids. Implied valuation of Stripe on the Platform is even higher.

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