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589 Why Stripe’s Recent Investors Are Smiling Now

The Information
Martin Peers @ The Information · 12/21/2023 20:00 EDT

Why Stripe’s Recent Investors Are Smiling Now

Stripe is back! The payments firm, long a favorite of Silicon Valley investors, is enjoying a rebound in business that is surely making those investors who bought into its March fundraising feel pretty, pretty good. Remember, Stripe raised money at a valuation of just $50 billion, a few billion dollars below its original sought-after pricing level and well off its early 2021 peak valuation of $95 billion. At the time, Stripe was coming off a sluggish 2022, when the e-commerce slowdown dampened its revenue g

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