"Stripe's Positive Cash Flow Delays Public Offering Plans"

1 min read
Source: Financial Times
TL;DR Summary

Stripe, a fintech company, is not in a rush to go public as it has achieved positive cash flow. The company's co-founder and president, John Collison, stated that they are focused on growing the business and are not feeling pressure to pursue an IPO. Stripe's valuation has soared to $95 billion in the private market, making it one of the most valuable venture-backed companies globally.

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