TLDR · BIG TECH & STARTUPS

STRIPE SAYS "THE SINGULARITY" HAS BEGUN

axios.com2 min read

Summary from the TLDR newsletter

Stripe says that the singularity started on January 1. The company believes that being privately held is the best structure for such a consequential moment. Remaining private enables it to fund acquisitions and long-term investments without diluting them. This implies that any IPO remains on indefinite hold.