Stripe's $91 Billion Valuation: No IPO Plans, Focus on Long-Term Growth

Stripe, the payments company founded by Patrick and John Collison in 2010, has reached a valuation of $91 billion, according to a recent report. Despite this significant milestone, the company has shown no signs of interest in going public, as its cofounders believe it cannot be managed effectively on a "super tight quarterly EPS basis."

The Collison brothers started Stripe in San Francisco, California, with a mission to make online commerce easy for everyone. The company has since grown into a global leader in digital payments, processing billions of dollars in transactions annually for businesses of all sizes.

Stripe's valuation has skyrocketed in recent years, reflecting the growing demand for digital payment solutions and the company's strong performance. In 2020, Stripe raised $600 million in a funding round that valued the company at $35 billion. Just one year later, Stripe's valuation had more than doubled, reaching $95 billion in a Series H funding round.

However, despite its impressive valuation and growth, Stripe has no plans to go public in the near future. Patrick Collison, the company's CEO, has stated that Stripe is not interested in the "super tight quarterly EPS basis" that comes with being a publicly traded company. Instead, Stripe is focused on long-term growth and innovation, rather than meeting the short-term expectations of public market investors.

Stripe's approach to growth and valuation has been praised by investors and industry experts alike. The company's focus on long-term sustainability and innovation has allowed it to maintain a strong competitive position in the digital payments market, even as new players emerge.

As Stripe continues to grow and innovate, it remains to be seen whether the company will eventually go public or continue to operate as a privately-held entity. Regardless of its future plans, Stripe's impressive valuation and growth trajectory are a testament to the company's success in the digital payments industry.