Stripe’s internal valuation gets cut to $63 billion
https://techcrunch.com/2023/01/11/stripe-internal-valuation-63-billion-409a/
Stripe, a richly-valued payments startup, has cut its internal valuation yet again, according to sources familiar with the manner. It is now valued, internally, at $63 billion.
The cut, first reported by The Information, puts Stripe’s internal per-share price at $24.71, down 40% since peaking. The 11% cut comes after a prior internal valuation cut that occurred six months ago, which valued the company at $74 billion.