Stripe – Silicon Valley’s Most Precious Gem

Stripe just became Silicon Valley’s most precious gem and clearly, Patrick and John Collison have the luck of the Irish as their digital payments brainchild has reportedly raised $600m at a $95B valuation, making it the most valuable private company ever to come out of Silicon Valley. (apparently, they don’t even need the money)

Here’s why: It’s the platform other platforms use to process money
Some 90% of US adults have bought from companies that use Stripe.
The company counts AmazonSalesforceMicrosoftShopifyUber, and Zoom among its customers — and at least 50 of these customers process $1B+ on Stripe annually.

In 2020, the company signed up 200k+ new European customers and handled 5k requests per second. #wakeupimagine#payments#fintech#thehustle

Posted on March 26, 2021 in Artificial Intelligence, Innovation, Leadership, Retail, Technology, Trends

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About the Author

Michael Chase - a true hybrid – part strategist, part data monkey, part creative director, part global growth hacker (when you're doing bic pen tracheotomies you still have to think of EBITDA) and through and through an innovator.

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