venture capitalists and Founders hope – pray? – so that exits pick up again in 2024. A recent TechCrunch+ survey found that there is a consensus among VCs that exits will pick up again this year, but when and how is still somewhat unclear.
However, the consensus is that fintech Stripe will go public later this year. The investors surveyed are obviously not the only ones who are excited about Stripe's possible exit in 2024. According to secondary data tracker Caplight, there has been a large wave of buyers looking to acquire shares in the company in recent months.
While bids tell us one thing, deals tell us another, and a completed transaction this week tells us a lot about what could happen to Stripe in 2024. On Tuesday, literally the day after New Year's, a secondary sale was completed valuing Stripe shares at $21.06 apiece; According to Caplight data, the startup is valued at $53.65 billion.
Stripe declined to comment.
There are a few reasons why this offer is worth paying attention to. For one thing, Stripe's $53 billion valuation represents an increase from the company's most recent primary round last March, when Stripe was valued at $50 billion.
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