Goksu Toprak
@gt
Does the Circle IPO and its price action today open the door for Stripe to go public?
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Lokp Ray
@lokpray
No cuz stripe is actually very very profitable and they don’t want to go public unless they need cash unlike circle The door has always been open for stripe imo and they know it 🙃
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christopher
@christopher
You should also go public so that insiders can offload their equity and exercise options. I was on the direct listing team at Spotify.
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Lokp Ray
@lokpray
They will go public (investors need exit cuz profit sharing isnt as juicy) Recently talks/data showing that growth is slowing down with limited product innovation + high pricing and customers are going for alternatives. Going public is the only way here. Just a matter of time on how long they can drug staying private.
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