Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday

Payments giant Stripe has delayed going public for so long that its major investor Sequoia Capital is getting creative to offer returns to its limited partners. The venture firm emailed LPs in funds raised between 2009 and 2011with an offer to buy up to $861 million worth of shares in Stripe, Axios reported. Sequoia has […] © 2024 TechCrunch. All rights reserved. For personal use only.

JoriPress JoriPress
Jul 15, 2024 - 23:30
0 8
Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday

Payments giant Stripe has delayed going public for so long that its major investor Sequoia Capital is getting creative to offer returns to its limited partners. The venture firm emailed LPs in funds raised between 2009 and 2011with an offer to buy up to $861 million worth of shares in Stripe, Axios reported. Sequoia has […]

© 2024 TechCrunch. All rights reserved. For personal use only.