IPO - Goldman Sachs and JP Morgan in on the Deal

Stripe is trying to raise about $4 billion which is a pretty high sum but again we're talking about a company that went from a valuation of hundred million just a decade ago to almost hundred billion dollars in 2021 it has come down significantly. Goldman Sachs for instance opening it up to their high net worth clients previously the biggest draw if you're a client in one of these banks was we can bring you in closer to the IPO now with private companies wanting to say private for longer you this is a way to augment your offerings.