Thrive Capital, an American venture capital firm, is said to be ready invest a billion dollars in Stripe, the former largest unicorn in the United States. This investment could add value to the online payment company to 55 or even 60 billion dollarsfar from the 95 billion dollars in value reached in March 2021.
What future for Stripe?
People close to the case told al New York Times, on January 30, the intentions of Thrive Capital. The New York-based giant she would pledge to fund the next fundraiser of Stripe in the amount of one billion dollars. In total, Stripe would look for raise approximately $2.5 billion. According to information obtained by the American newspaper, this money should enable the Dublin-based company pay their tax debts and offer their employees the option to sell their shares.
Currently, Stripe is a privately held company extremely observed due to its former status as the most valuable start-up in the US. How it will react to a sluggish public offering market could strongly influence its competitors.
To recover, he would have hired Goldman Sachs and JPMorgan Chase as advisers for a potential IPO in 2024. He also reportedly told his employees on Jan. 26 that he was studying ways to allow them to sell their shares within 12 months.
If the first solution is precisely to become a public company, the second consists in private fundraiser, before launching a takeover bid. During this, Stripe’s goal would be to resell its employees’ shares to other investors. Sources familiar with the matter state that the latter does not exclude the possibility of listing the company.
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