Fintech giant Stripe valued at $65 bln in stock-sale deal for employees

Stripe said the majority of the funds for the deal are being provided by investors, but it will also use some of its own capital to repurchase shares of some current and former employees in the so-called “tender offer.” Startups can also enlist venture capital investors to buy existing shares held by their employees. Such deals can boost employee morale without diluting ownership.