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1234 In Unusual Move, Sequoia Offers to Buy Stripe Shares From Its Own Investors

The Information
Natasha Mascarenhas @ The Information · 07/15/2024 14:14 EDT

In Unusual Move, Sequoia Offers to Buy Stripe Shares From Its Own Investors

Sequoia Capital has offered to buy $861 million worth of shares of Stripe from some of the venture firm’s investors, according to a letter sent to those investors, which Stripe co-founder John Collison has publicly confirmed. The price implies a $70 billion valuation for the payments provider, ...

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