Shares of Stripe, heralded as one of Silicon Valley’s most valuable private companies, have plummeted on the secondary market in the past ninety days. At the beginning of this year buyers on the secondary market were paying $81 for a share of the payments giant which was founded by Limerick-born brothers Patrick and John Collison in 2010.  Those shares are now being traded at under $50. While it could be employees of Stripe trying to sell some shares and take money off the table, the secondary market is open for trade by any shareholders including hedge funds, private equity funds…

Join The Currency

INTRODUCTORY OFFER: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.