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by toomuchtodo
86 days ago
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Stripe's valuation depends on this implementation mechanism, capturing the platform as an economic intermediary versus championing open protocols. https://www.forbes.com/sites/jeffkauflin/2026/03/17/why-an-u... (TLDR Stripe's valuation [$159B] is ~5x Adyen's [which is public, allowing for use as a comp] for somewhat similar payment volumes [$1.9T vs $1.6T, respectively], so Stripe is trying to grow into the valuation current fundamentals do not support) |
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