←back to thread

Stripe Is Now a $20B Company

(www.bloomberg.com)
563 points jonknee | 1 comments | 26 Sep 18 18:04 UTC | HN request time: 0.212s | source
Show context
haaen ◴[26 Sep 18 19:17 UTC] No.18079316[source]▶
Stripe is the second most valuable YC company. Total valuation of all companies that YC funded (more than 1,900) now exceeds 100 billon dollars.

Airbnb has a private valuation of 31 billion. Stripe has a private valuation of 20 billion. Dropbox has a public valuation (DBX) of 11 billion.

So the two most valuable companies account for about half the total value of all the YC companies. This is what a power law looks like!

replies(8): >>18079560 #>>18079902 #>>18080137 #>>18080618 #>>18081317 #>>18081857 #>>18082121 #>>18084566 #
1. malloryerik ◴[27 Sep 18 14:05 UTC] No.18084566[source]▶
This also seems to imply that they charge too much. Don't get me wrong, I love Stripe, but they're still expensive for what they do with great pizzaz but which is really a utility service: an online credit card payment. Competitors should step up. Isn't 2.9% + 30¢ huge in the scheme of things? Add 1% for international and 1% for FX conversion and an overseas card transaction costs 5%. That's nice for Stripe.