Stripe Co-Founder Expects Another Employee Stock Tender Offer

Stripe will probably again turn to investors and the firm’s own coffers for an employee tender offer, co-founder John Collison said in an interview with David Rubenstein for an upcoming episode of Bloomberg Television’s “The David Rubenstein Show: Peer to Peer Conversations.”Show: Peer to Peer Conversations.”
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Stripe Inc. expects to again let employees cash out some of their shares, the fintech’s co-founder said, reiterating that the company is in no rush for an initial public offering.

Stripe, which helps online and brick-and-mortar merchants process customer payments, will probably again turn to investors and the firm’s own coffers for an employee tender offer — which would be its third, John Collison said in an interview with David Rubenstein for an upcoming episode of Bloomberg Television’s “The David Rubenstein Show: Peer to Peer Conversations.”