Stripe Raises Over $6 Billion to Pay Down Debt
Stripe builds economic infrastructure for the internet.
One of the downsides to Stripe not being public yet is to provide liquidity to current and former employees, as well as pay down some significant tax obligations that have accumulated because of outstanding equity.
At some point you have to think such a large company would want to go public, and that seems likely to happen in 2024.
TechCrunch: Stripe now valued at $50B following $6.5B raise