James Stevens, co-leader of Troutman Pepper’s Financial Services Industry Group, was quoted in the September 24, 2024 Payments Dive article, “Stripe Shows Signs of IPO, Despite CEO Comments.”
Stripe has options to provide liquidity to investors beyond an IPO, one of which is a stock buyback, said James Stevens, a partner at the law firm Troutman Pepper who works with fintech companies. But “that takes away money that could be deployed back into the business,” he said.
Selling Stripe — or at least a portion of it — is another option, Stevens said, but “Stripe has been growing at a tremendous rate and is very successful, and that might not be something they are interested in.”
