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> Stripe's fee model probably makes serious bank, because it's quite non-transparent and basically nothing is provided for free. Whatever it is making, it is a
by lotsofpulp 2y ago
> Stripe's fee model probably makes serious bank, because it's quite non-transparent and basically nothing is provided for free.
Whatever it is making, it is apparently not enough to IPO. I would temper my expectations.
- brezelgoring 2y agoI’d say it’s not enough to satisfy early investors, who probably want a 10~50x return before IPO. They could definitely go public if they wanted to, and do ‘well’.
- Crespyl 2y agoDoes Stripe need to IPO? Are they just privately held, or do they have VCs or others that need to be paid back?
- oldprogrammer2 2y agoThey have raised at least $6.5 Billion.
- 0cf8612b2e1e 2y agoYou can make plenty of money and still be private. Look at Steam.
- OJFord 2y agoStripe ['s leadership] doesn't want to IPO, and its balance sheet doesn't need to. There's ridiculous demand for a Stripe IPO, whether it could is not at all in question.
- bigstrat2003 2y agoAn IPO is, if anything, a bad thing for a company. I wouldn't consider it a black mark that they aren't selling stock publicly and subjecting themselves to the "must grow every quarter at all costs" insanity.
- deleted 2y ago[deleted]