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Stripe valuation soars to $95B after latest fundraising

ft.com

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

#111

Post by spaetzleesser »

ryanSrich wrote: post #105
masom wrote: post #47

Earlier quoted context omitted.

> This certainly makes Stripe the most valuable private startup in the world. Stripe has not been a startup for a while, they've been in public operations for about 10 years now and probably power a large portion of online purchases.

Why does any of what you said disqualify them as a startup?

Probably because they are a billion dollar mature company. Every company was a startup at some point but at some point they are a mature company that shouldn’t be called startup anymore. Stripe is certainly one of them.

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

#112

Post by karimf »

AlchemistCamp wrote: post #89

Well, I guess the crazy correlation between initial server-side tech choice and valuation has just gotten a lot crazier: https://twitter.com/logicmason/status/1371255029412233218 Edit: Based on the published data I can find, Stripe and Coinbase alone have added more to their valuations in the last year than the total valuation of the top 50 YC-funded startups including Stripe and Coinbase was last year.

How doable is it to compile the data from all startups instead of just from YC?

I feel like this data should be one of the most important aspect of choosing a tech stack. Even though it’s hard to infer the data because there’s years of delay between inital tech stack choice and the success of the startup.

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

#113

Post by BryanBeshore »

How much wealth creation - to people with access only in the public markets - could this company have created if it were publicly traded? The previous generation had great wealth building ability in being able to invest in companies that were growing rapidly in the public markets at a very early stage (think MSFT, INTC, etc.); today too much of this is done in a way that the vast majority of people cannot be part of.

There is a complete disconnect between regulations in the public and private markets. Regulations that make great companies like Stripe pause on going public need to be reassessed.

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

#114

Post by SkyPuncher »

klelatti wrote: post #41
disiplus wrote: post #37

Earlier quoted context omitted.

sure that was then, but that changed over the years. stripe is not cheap, i'm pretty sure if somebody came with the same UX many would switch, us including. We are B2B and with postpaid so the customers are using Stripe to pay Invoices. There are zero charge backs or fraud but still have to pay high fees.

You'll notice I didn't mention price! Sure you'd like an identical service to Stripe for a lower fee but the moat is that doing what Stripe does isn't easy at all. You're paying for that fact.

Stripe has better pricing at volume.

It's expensive when you're small because it's replacing significant engineering resources in a company.

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

#115

Post by Fordec »

ffggvv wrote: post #55

am i the only one that thinks fintech is massively overvalued? especially square etc, or anything adjacent. sure they have great growth and revenue but i don’t see any path where profit can justify the value

I see as fintech overvalued, not because it's hype or a bubble, but because an already pre-existing part of society had a disproportionate amount of value extracted from it by the financial sector in general.

As these companies eat into traditional banking, even if they halve or quarter the overall market cap through disruption, it remains an obscene amount of money. Except it's more monopolized into a few dozen global tech companies who can execute than what used to be a market of tens of thousands of banks, insurance, stock brokers etc.

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

#117

Post by rainyMammoth »

repsilat wrote: post #104
Liron wrote: post #77

Earlier quoted context omitted.

Agree, for me it would be a buy at $200B

For some context, this is roughly - One tenth of Apple, - One seventh of Google, - (Joke entry: 2/7 Teslas), - More than half a Walmart, - Just under one Netflix, - A SalesForce, - A Pfizer, - Nearly 2 IBMs (Makes sense to me), - 2.7 GMs. Strong statements, though I'll never put money against this sort of thing.

This hype tech nonsense is ready for a big time disruption.

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

#118

Post by rainyMammoth »

ffggvv wrote: post #55

am i the only one that thinks fintech is massively overvalued? especially square etc, or anything adjacent. sure they have great growth and revenue but i don’t see any path where profit can justify the value

Fintech (And indeed Stripe, Square and Plaid in particular) are grossly overvalued. They all play the hype game, with statement such as "Stripe powers the internet". Way too many people are buying into those valuations without looking at the fundamentals.

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

#119

Post by myroon5 »

AlchemistCamp wrote: post #89

Well, I guess the crazy correlation between initial server-side tech choice and valuation has just gotten a lot crazier: https://twitter.com/logicmason/status/1371255029412233218 Edit: Based on the published data I can find, Stripe and Coinbase alone have added more to their valuations in the last year than the total valuation of the top 50 YC-funded startups including Stripe and Coinbase was last year.

Would be interested in accounting for startup age. Wouldn't be surprised if the Ruby companies are older on average

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

#120

Post by ryanSrich »

spaetzleesser wrote: post #111
ryanSrich wrote: post #105

Earlier quoted context omitted.

Why does any of what you said disqualify them as a startup?

Probably because they are a billion dollar mature company. Every company was a startup at some point but at some point they are a mature company that shouldn’t be called startup anymore. Stripe is certainly one of them.

I don't get it. I follow PG's definition of a startup [1]. I think Stripe still qualifies as one.

1. http://www.paulgraham.com/growth.html

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