Payment technology giant Stripe is exploring another shareholder sale that could value the company at over $85 billion, according to reports and sources familiar with the matter. The potential sale would provide liquidity to employees while Stripe postpones plans for an initial public offering (IPO).
Last February, Stripe conducted a similar tender offer, which valued the company at $70 billion. In 2021, the company’s valuation peaked at $95 billion, making it one of the most valuable private companies globally.
Despite laying off 300 employees in January, Stripe aims to increase its workforce to 10,000 by the end of the year. The company is actively recruiting and expanding its operations.
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