Stripe valued at $22.5bn after $100m fundraising
Investment from Tiger Global comesmonths after Stripe secured $245m from same firmRead full story
Stripe is now worth 20% MORE than Deutsche Bank.
$23bn vs $19bn
Meanwhile, Stripe has 99% LESS employees.
1300 vs 98,000
Disruptors like Stripe are what keeps Fortune 500 CEOs up at night.
Move over PayPal mafia. There’s a new kid in town. I’m very impressed with their service and execution. Great business.
It is a good company. Has given Vimvest flexibility to build a platform for giving on top of our investing and saving services. This can’t be said for some of their competitors we tried.
It’s worth noting that Ant Financial raised $14 billion last year at a $150 billion valuation. The Chinese payment company is in a completely different league.
Stripe is arguably the best at building software infrastructure for the internet age. Ask any engineer or designer.
They have all the most ridiculously talented engineers (and designers), and other than Plaid, opportunities for new products in their market are almost uncontested.
The Collison brothers have a knack for being crazy smart and we can expect them to reach huge levels of success.
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