Vincent Boland: Go-faster Stripe could soon hit some bumps in the road
The Collison brothers now control the most valuable private company in Silicon Valley, with Stripe estimated to be worth $95 billion. But every new slate of investors makes their lives a little more complicated
The ascent of Patrick and John Collison and their company Stripe is quite the story. The online payments business they founded and run did not exist a decade ago. Now it is worth $95 billion, after new investors bought stakes that sent its valuation soaring.
The two brothers, aged 32 and 30 respectively, are multibillionaires, at least on paper, and are the talk of Silicon Valley.
Stripe’s dizzying valuation suggests it is the next big ...