Stripe Announced Tender Offer to Provide Employee Liquidity
Stripe is a financial infrastructure platform for businesses that enables them to handle online payments and other financial services.
Stripe partnered with investors to offer former and current employees a $65B tender offer, with some capital used to repurchase shares to offset dilution from its employee equity compensation program. Is this the new reality for late-stage private companies?
Stripe: Stripe announces tender offer to provide employee liquidity