Internet payment infrastructure powering millions of businesses globally.
The most important fintech company of the decade. Every startup's first API integration. Treasury, Capital, Atlas — they're building the financial operating system for the internet. IPO will be massive.
Incredible business but the $65B valuation already reflects a lot of the upside. The question is whether Stripe can maintain pricing power as Adyen and others compete on fees. I'd want to see expansion in non-card payments.