“Earlier this month, TechCrunch reported that Stripe had cut its internal valuation to $63 billion.”
Stripe raised $600 million at $95 billion in March 2021. Two internal cuts later it sits at $63 billion, after laying off 14% of staff in November. Now it has hired Goldman Sachs and JP Morgan and given itself 12 months to list or run a tender. The investors who paid for $95 billion are about to find out what it was worth.