Having no knowledge of their financials between then and now, we either expect that the valuation is done wrong, or that really, their growth and fees last year are really that much better than Square's and PayPal, in relative terms.
For someone that has access to all the numbers, like whichever accountants they brought in to do this FMV calculation, it's not as if comparing the companies would be that difficult. So my personal guess is that yes, Stripe must have had an extremely good year. Seems more likely to me than trying to be sketchy at a time when it's not really all that helpful for them.
For someone that has access to all the numbers, like whichever accountants they brought in to do this FMV calculation, it's not as if comparing the companies would be that difficult. So my personal guess is that yes, Stripe must have had an extremely good year. Seems more likely to me than trying to be sketchy at a time when it's not really all that helpful for them.