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It is a very good deal for Stripe, but I do wonder if would it have been a better deal to buy 2-3 early stage Nigerian startups five years ago. Maybe the winne
by lkbm 6y ago
It is a very good deal for Stripe, but I do wonder if would it have been a better deal to buy 2-3 early stage Nigerian startups five years ago.
Maybe the winners aren't willing to sell early/cheap.
Should Stripe be investing in seed/Round A start-ups? Having Stripe as a resource could be big -- funding, advice, and potentially infrastructure.
- brianyu8 6y agoYou're right about that -- Stripe led Paystack's series A and has also led other series A rounds like Fast's.
- ayewo 6y agoIf you look at Stripe’s strategy, they tend to ride certain horses rather throw stuff at the wall to see what sticks, so it wouldn’t have made sense for them to buy 2-3 when they only need to buy 1 that’s really good. And that’s what they did when the led Paystack’s $8m series A funding 2 years ago when they were almost 3 years old. https://techcrunch.com/2018/08/28/paystack-with-ambitions-to-become-the-stripe-of-africa-raises-8m-from-visa-tencent-and-stripe-itself/ https://techcrunch.com/2018/08/28/paystack-with-ambitions-to...