Stripe’s internal valuation gets cut to $63 billion

Stripe’s internal valuation gets cut to $63 billion

a year ago
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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.