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Stripe valuation soars to $95B after latest fundraising

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11–20 of 151 posts

Re: Stripe valuation soars to $95B after latest fundraising

#11

This certainly makes Stripe the most valuable private startup in the world. Where does Stripe rank among the world's most valuable private companies, though? It's easy to find lists of dubious quality like this: https://news.yahoo.com/10-most-valuable-private-companies-21... , but I'm sure there are more lurking. What are they?

Yeah, I don't know about these lists. Cargill valued at 40bn when wikipedia says they own 60bn in assets and profiting...

https://en.m.wikipedia.org/wiki/Cargill

Re: Stripe valuation soars to $95B after latest fundraising

#12

I'm building a non-profit and Stripe fees eat into donations. Are there any good Stripe alternatives out there?

Make it clear where to send checks on your donation page - and encourage people to use their bank’s bill pay. Usually free to them and to you.

Re: Stripe valuation soars to $95B after latest fundraising

#15

This certainly makes Stripe the most valuable private startup in the world. Where does Stripe rank among the world's most valuable private companies, though? It's easy to find lists of dubious quality like this: https://news.yahoo.com/10-most-valuable-private-companies-21... , but I'm sure there are more lurking. What are they?

Koch Industries is worth well in excess of $100 billion.

Re: Stripe valuation soars to $95B after latest fundraising

#16
post #11

This certainly makes Stripe the most valuable private startup in the world. Where does Stripe rank among the world's most valuable private companies, though? It's easy to find lists of dubious quality like this: https://news.yahoo.com/10-most-valuable-private-companies-21... , but I'm sure there are more lurking. What are they?

Yeah, I don't know about these lists. Cargill valued at 40bn when wikipedia says they own 60bn in assets and profiting... https://en.m.wikipedia.org/wiki/Cargill

Cargill is an agritrader. They are a big company but definitely not as valuable as Stripe (look at some of the other ABCDs).

Trading businesses never get high valuations. But they throw off real cash. Different strokes for different folks.

Re: Stripe valuation soars to $95B after latest fundraising

#17

I'm building a non-profit and Stripe fees eat into donations. Are there any good Stripe alternatives out there?

If you email them, they will usually give you a rate of around 2.7% for VC/MC and 3.9% for Amex

Sounds risky; Stripe's standard rate for Amex is 2.9%.

Re: Stripe valuation soars to $95B after latest fundraising

#18
post #9

I'm building a non-profit and Stripe fees eat into donations. Are there any good Stripe alternatives out there?

The underlying issue is credit cards have interchange fees, which aren't going away anytime soon. PayPal offers a slightly lower transaction rate to non-profits ( https://www.paypal.com/us/non-profit/fundraising/fundraising... ) and Stripe appears to have similar (no rates disclosed; https://support.stripe.com/questions/fee-discount-for-nonpro... ) but you're not gonna get to zero with anyone. There's always acceptin…

We don't expect to get zero fees from any payment processor, we're just at the crossroads of developer convenience and making sure each dollar is maximized, so we're leaning towards discriminating on cost in this case.

Re: Stripe valuation soars to $95B after latest fundraising

#19
Is Stripe unprofitable? What kind of scale are they going to reach that will push them over the edge into the black that they haven't been able to reach at the vast scale they already have?

If they are profitable, why go the expensive equity route rather than using retained earnings? Or bonds? American Airlines recently sold $10 billion of them at 5.5%. Surely Stripe could do just as well or better.

Re: Stripe valuation soars to $95B after latest fundraising

#20
post #12

I'm building a non-profit and Stripe fees eat into donations. Are there any good Stripe alternatives out there?

Make it clear where to send checks on your donation page - and encourage people to use their bank’s bill pay. Usually free to them and to you.

Good idea, thanks.
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