Why doesn’t Stripe IPO?
I am curious why Stripe doesn’t seem to want IPO. Maybe this is something I don’t understand about companies in general, but what is the advantage for them to remain private? Seems like the tech IPO market is extremely frothy right now so there is a big opportunity for them to raise a bunch of money. What is the downside?#stripe
Companies have to be public-ready in order to be IPO, and/or there could be disclosure considerations (eg revenue concentration, performance of new initiatives / investments) that they don’t want in the public. Public readiness could include proper financial reporting / audit readiness, ability to give financial guidance every quarter etc. Stripe hasn’t really been acquiring new enterprise customers (based on a lack of PR statements). They are riding on e-commerce tailwinds and in this hot market, it would be much easier for them to raise capital or get a rich valuation now than later. Company is also pretty old now, so they have to go public soon. Tldr; they’re either not public ready, lack successful new growth initiatives or they don’t want to disclose certain business/financial metrics.
This is such a horrible and senseless thing to say, how old are you? 18?
This is my guess, they don't need to raise the money from an ipo, they prefer to fly under the radar for a while before opening up all their books and create competition. They are trying to corner the market and it helps if they don't release any revenue. It also helps with retaining talent. Half the pay at the moment is just paper money. Folks will stay till ipo