Some tech companies are delaying or pulling their listing plans as the Trump administration’s tariff announcements and other changes cause market volatility and uncertainty.
Category: Stripe Inc
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Why the Justice Department is Targeting Visa
The Justice Department is expected to sue the global payments giant as soon as Tuesday, accusing the company of stifling competition.
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Tensions Rise in Silicon Valley Over Sales of Start-Up Stocks
The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.
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Want to Invest in SpaceX or Stripe? There’s a Fund for That.
A new publicly traded fund allows individual investors to own a piece of 23 private tech companies, including Stripe, SpaceX, OpenAI and Discord.
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How the Dream of Building a California City From Scratch Got Started
A former Goldman Sachs trader moved to the Bay Area to make it in tech. He ended up buying rural land with money from some of Silicon Valley’s wealthiest people.
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Credit Suisse Shares Jump As Banking Backstops Go Global
The New York Times – Business:Bank stocks recovered after Credit Suisse secured a $54 billion lifeline from Switzerland’s central bank.
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Stripe Raises New Funding That Values It at $50 Billion
The New York Times – Business:The payments processing start-up was valued at $95 billion in 2021, but private company dealmaking has been hurt by souring global economic conditions.
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Why Stripe Is Raising Money at a Lower Valuation
The New York Times – Business:Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.
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Thrive Capital Said to Lead Potential Investment in Stripe
The New York Times – Business:Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said.
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Stripe Hires Investment Banks to Explore Public Listing
The New York Times – Business:The payments processing start-up, one of the world’s most valuable private companies, could go public in the next year, people with knowledge of the matter said.
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Amazon, Lyft and Other Tech Companies Announce Job Cuts and Hiring Freezes
The New York Times – Business:Amazon said it was pausing corporate hiring, while Lyft and Stripe said they were cutting jobs.