Kostas Christidis pfp
Kostas Christidis
@kostas
what's a good explanation on why a mature company like Stripe didn't IPO during the '20-21 rush?
10 replies
0 recast
0 reaction

Nicholas Charriere pfp
Nicholas Charriere
@pushix
An IPO is a loss of control for founders (now you need quaterly narratives & slave to markets). If you can avoid it somehow, you do. Stripe could avoid it because of great secondaries and good money in the bank. I don't think they regret it? Employees might, but as a founder private >>>> if you can.
1 reply
0 recast
0 reaction

Andrew Judson pfp
Andrew Judson
@judson
are they doing buybacks or dividends? what is driving secondary market sales if there is no expectation of IPO?
0 reply
0 recast
0 reaction