Stripe
Stripe is a technology company headquartered in the United States that builds economic infrastructure for the internet and specializes in...
Facts
- HQ
- none
- Sectors
- Payments, Commerce, Financial Technology
- Founded
- 2009
- Registered name
- Stripe, LLC
- Stage
- public
IPOs without profits
What do Pinterest, Lyft, Uber and Slack have in common? Yes, they're all newly public or about to make their initial public offerings. But they also share a common characteristic on the bottom line -- proceeding with their IPOs with lots of revenue and growth but, so far at least, without the consistent profits to show for it. And they're part of a trend. Eighty-three percent of IPOs in the first three quarters of 2018 were made by companies that hadn't posted profits in the prior 12 months. So what's the future of these companies? On this episode of the…
