Stripe is in talks for another shareholder sale that could value the company at “at least” $85 billion, according to multiple reports and a source familiar with the matter.
The Information first reported the news that the payments infrastructure giant is working to sell employee-owned stocks. The move would help workers gain some liquidity as Stripe continues to hold off on long-awaited plans to go public.
Stripe last February conducted a similar tender offer in which it was valued at $70 billion. The company spiked to a $95 billion valuation in 2021, making it one of the — if not the — most highly valued private companies in the world.
In January, Stripe said it was laying off 300 workers, but still had plans to grow its headcount to about 10,000 by year’s end.
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