Latest Trends on Pre IPO Companies
News on portfolio companies and sectors we cover
US tech wins the elections
Donald Trump’s recent re-election promises a favorable climate for U.S. late-stage tech startups, with policies on deregulation, tax incentives, reshoring, and emerging technologies driving potential growth. Enhanced government partnerships, particularly in AI and aerospace, are expected to bolster opportunities for venture-backed companies poised for expansion.
Stripe's valuation increased to $65 billion
Stripe's valuation has increased to $65 billion in a recent employee stock sale deal, marking a 30% rise from its valuation in the previous year. This increase contrasts with its $95 billion peak in 2021. The agreement involved buying over $1 billion of shares from current and former employees, with notable participation from investors like Sequoia Capital and Goldman Sachs's growth equity fund. This move, seen as a liquidity provision for employees, postpones the anticipated Stripe IPO, possibly until after 2024.