Re:Stripe announces new round of funding and plan to provide...
by rubiquity on Wednesday March 15, 2023 @07:20PM
(#35176034)
Which won't be the employees for 180 days.
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Re:Stripe announces new round of funding and plan to provide...
by satvikpendem on Wednesday March 15, 2023 @08:21PM
(#35176536)
Even counting the lock up, prices were still higher then than now.
Re:Stripe announces new round of funding and plan to provide...
by ergocoder on Wednesday March 15, 2023 @09:46PM
(#35177151)
Stripe likely would have gone direct listing which would have no lock up.
Re:Stripe announces new round of funding and plan to provide...
by peanuty1 on Thursday March 16, 2023 @12:51AM
(#35178241)
If Stripe went public via IPO between Sep 2020 and March 2021 (like so many other pre-IPO tech companies of a similar maturity as Stripe such as Snowflake, DoorDash, Airbnb, Unity, Roblox, Palantir, etc), their employees would still presumably be able to sell their RSUs at a $100B+ market cap after the 180-day lockup period as tech companies in the payments space like Adyen and Square only started to see their shares plummet from their peak in November 2021.
And if Stripe went public via direct listing like Slack and Coinbase, their employees wouldn't have a lockup period.