Friday, 24 March, 2023

Stripe Cuts Internal Valuation To $63 B

<p>The internal valuation of Stripe has been reduced by 11% to $63 billion. Internal values are independent of the opinions of venture capitalists or other investors. Shopify, Block, and PayPal have all fallen from their 52-week highs, which is problems for Stripe&#39;s public market comparisons. The lower 409A value could also be used by the business as a recruiting tactic.</p>