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Why do you think Stripe will get acquired (and soon)? I personally think it'll stay a standalone company because its founders already have plenty of money (fro
by stevenj 9y ago
Why do you think Stripe will get acquired (and soon)?
I personally think it'll stay a standalone company because its founders already have plenty of money (from Auctomatic and presumably from taking money off the table during Stripe's funding rounds) and seem intensely motivated to change the world by having a pivotal role in increasing the GDP of the internet (as stated in the article).
That, coupled with its (both the company and its founders) integrity, culture, and care & empathy for people (employees, investors, customers, partners, underserved and underestimated people and markets, and really almost anyone) seems to indicate to me that its core values and objectives will be best served and achieved as an independent entity.
- sadlyNess 9y agoErm, how does taking money off the table when raising a round work? (just never heard of it)
- sgc 9y agoRaise 100M, 20M is set aside for salaries/bonuses. As long as the numbers work and people believe you, investors like people who want lots of money, because they know they are going to work their asses off to make a profit.