Atlas Digital’s Post

All aboard the Stripe Tour! 🚌 Fantastic day at the Stripe Tour event yesterday held at Tobacco Dock London. Tuesday morning began with (coffee, followed by) an uplifting keynote, with John Collison highlighting the trajectory of growth within the startup sector in the UK, and the importance of implementing the right supporting tools within these up-and-coming businesses. Hearing from Gabriella Monnington discuss the impact of Stripe at ITV, Rachel McShane touch on the mighty success of Depop and Wendy Bergh speak about the growth of Zoom post-pandemic and payment trends that came with this. As someone who regularly speaks to CFOs and finance teams, it was insightful to see how Stripe provide a tech-first solution to a parallel problem in the payments world. Like insurance, finance has been a sector to see huge success in embracing technology, AI and digitalisation to create an efficient and reliable solution to more archaic systems and methods. Stripe are a true fintech trailblazer, demonstrating how a bootstrapped startup can become a $65 billion company if there is a need and a want. #startups #insurance #finance

🚀 The Stripe Phenomenon: A Venture Capitalist's Perspective Stripe’s meteoric rise—from a startup to processing over $1 trillion annually—highlights the power of visionary leadership. Stripe’s explosive growth is a testament to the brilliance of its founders, Patrick and John Collison. With deep technical expertise, honed through their education at MIT and Harvard, and entrepreneurial experience at a young age, the Collison brothers embody the ideal traits early-stage VCs seek. Their vision to simplify online payments, paired with their relentless execution and strategic foresight, has transformed Stripe into a $1 trillion fintech powerhouse, making them the kind of founders every VC dreams of backing. What sets Stripe apart, besides them? 1) Developer-First Focus: Stripe revolutionized payments by making its API incredibly easy for developers to integrate. Stripe tapped into a key influence group—developers—who often decide which tools and platforms a company will use. The lesson here is clear: identifying and catering to the right user base can propel a company to market leadership. 2) Beyond Payments: With products like Connect and Radar, Stripe isn’t just a payment processor—it’s building a financial ecosystem, making it indispensable to its users. This shows the value of expanding horizontally within your industry, offering adjacent solutions that increase customer dependency and reduce churn. 3) Strategic Expansion: Through smart acquisitions and investments, Stripe is positioning itself to dominate the $50 trillion digital payments market. This approach highlights the importance of not just organic growth but also smart, strategic moves to expand market reach and capabilities, particularly in industries with vast potential. From the lens of young venture capital, I would be looking at relentless innovation and visionary leadership to find the next Stripe in the making. #Fintech #VentureCapital #Innovation #Stripe #Founders #Entrepreneurship #StartupSuccess #TechInnovation #BusinessStrategy #FinancialEcosystem #GrowthHacking #FintechRevolution #InvestmentStrategy #BusinessExpansion #FounderFocus #VCInsights #MarketLeadership #ProductInnovation

The Collison Brothers went out on a relentless entrepreneurial journey with multiple attempts before Stripe — now they are worth $5.9B each - Stripe co-founder Patrick Collison, alongside his brother John, became billionaires after Stripe's valuation soared - The brothers grew up in a small rural town in Ireland that was so remote they didn't have any Internet access - The brothers realized their true calling when they started learning coding at a very young age - The Collison brothers faced a long and challenging road, trying many companies before eventually building Stripe when they were 19 and 20 years old. - Their persistence paid off when Stripe, aimed at simplifying online payments for businesses, quickly became a cornerstone of e-commerce. All a startup had to do was add seven lines of code to its site to handle payments. - The platform has revolutionized payment processing, servicing millions of companies globally, and at one time boasted a valuation of $95B (and each of the brothers had a net worth of $11.4B)! - They raised among the top venture capitalists and angels including: Y Combinator, Sequoia Capital, General Catalyst, Founders Fund, Andreessen Horowitz, Elon Musk, Sam Altman, and many more 🚀 Founder Lesson: Your first, second, or even tenth idea might not work. But each failure is a step forward #founder #career #entrepreneur #investor #vc #venturecapital

Sequoia Capital is offering investors a payday by buying $861M worth of Stripe shares, reflecting confidence in the fintech giant's $70B valuation. - 💼 Sequoia is buying shares from limited partners in funds raised between 2009 and 2011. - 📈 Stripe's latest 409A valuation stands at $70 billion. - 🚀 Stripe crossed $1 trillion in total payment volume in 2023. - 💸 Stripe remains cash flow positive, reducing the urgency for an IPO. - 🏢 Sequoia's position in Stripe is valued at $9.8 billion. - 🔄 Stripe's valuation has fluctuated, peaking at $95 billion in 2021 and adjusting to $50 billion last year. #Fintech #Investing #TechNews - 🔍 Sequoia’s buyback offer highlights LPs' demand for liquidity in a dry IPO market. - 💡 Stripe has shown resilience and growth despite increased competition. - 📝 Sequoia partners Luciana Lixandru and Kevin Kelly sit on Stripe’s board. - 📊 Stripe reported a 25% increase in payment volume in 2023. - 💰 The move indicates confidence in Stripe's ability to reward investors in the long term. https://lnkd.in/gfHYvTNt

In this headwind tech market, Stripe managed to raise a massive $6.5 billion-at a preposterous valuation of $50 billion. More than the funding, it was a masterclass in resilience, employee retention, and long-term vision. How do you think they pull it off to raise that much capital when most are near collapse? Read the key lessons from the bold move of Stripe in my latest blog post below. Have a read and learn how to navigate tough markets! https://lnkd.in/d8BQpYAX #fundraising #fintech #leadership #businessgrowth #employeeengagement #startups

🚀 Did you know Stripe is now valued at $70 billion? Sequoia Capital, a major investor, is making a bold move! 😲💼 #Investment #StripeValuation Stripe, the powerhouse in payments, is still not public, prompting Sequoia Capital to concoct a creative solution for its investors' returns. Sequoia is now offering to purchase up to $861 million in Stripe shares from its limited partners who invested in funds from 2009 to 2011. This strategy allows these early investors a significant payout. 👏📈 💡 This scenario highlights an innovative approach to investor returns in the competitive tech industry. Watch for similar moves by other venture firms seeking to capitalize on their long-term investments. Could this inspire more firms to explore similar avenues? 🤔 👍 or 👎? Share your thoughts or experiences below and let's discuss! 🔗 [Read More](https://lnkd.in/dBzX9YnJ) #Finance #TechNews #VentureCapital #Innovation #BusinessStrategy #SequoiaCapital #Economy 📣 Share with your network! Let's get the conversation going! 🔄

This is huge! #Stripe valuation hits $70 billion in a potential Sequoia deal making it one of the most valuable private companies in the world 😳 #FinTech giant Stripe’s valuation has edged up to $70B as venture capital behemoth Sequoia Capital offers to buy shares from its investors looking to cash out. The #VC giant is reportedly buying up to $861 million in shares 🤯 This makes Stripe more valuable than: - #Adyen (its biggest competitor) - #Revolut (one of the most valuable private FinTechs) - #Nubank - #Klarna FinTech is alive as never before 🚀 P.S. check out 🔔linas.substack.com🔔, it's the only newsletter you need for all things when Finance meets Technology. For founders, builders, and leaders. #isapwallet #isapexchange iSAP Exchange FZCO Tino Herold

This is huge! Stripe valuation hits $70 billion in a potential Sequoia deal making it one of the most valuable private companies in the world 😳 FinTech giant Stripe’s valuation has edged up to $70B as venture capital behemoth Sequoia Capital offers to buy shares from its investors looking to cash out. The VC giant is reportedly buying up to $861 million in shares 🤯 This makes Stripe more valuable than: - Adyen (its biggest competitor) - Revolut (one of the most valuable private FinTechs) - Nubank - Klarna FinTech is alive as never before 🚀 P.S. check out 🔔linas.substack.com🔔, it's the only newsletter you need for all things when Finance meets Technology. For founders, builders, and leaders.

Axios and Dan Primack jusy broke incredible #fintech and Stripe news about $861M in share buybacks for Sequoia Capital #investors / #limitedpartners at a $70B OR $27.51 / share buyback. This is interestig on a number of fronts. Those being 1) Sequoia Capital recognizing their #limitedpartner liquidity requirements, 2) Stripe having recovered ~ 50% of their markdown last year, 3) Stripe potentially staying private longer and potentially indefinitely. While one and two are obviously great the third is the most troubling since Stripe is clearly established and successful enough that there is an obvious #publicmarket demand in the #capitalmarkets and equally importantly Stripe is career making home run for a #venturecapital fund and even the #entrepreneurs but not providing the financial returns for entirely means Stripe is not meeting their #fiduciary responsibility as completely as the can and arguably should be required to do. What do you think? #management #venturecapital #privateequity #capitalmarkets #fintech