- At least 14 former Stripe employees have founded their own venture-backed startups.
- Some of these companies are famous and others are still in stealth.
- And several have raised funding from Stripe and other former-employees-turned-angel-investors.
- Visit the Business section of Insider for more stories.
They paid their dues building Stripe into a fintech darling that investors are valuing as high as $115 billion in the secondary market (where private investors can sell their shares to other approved investors). That's more than three times its valuation from April.
Now, some of Stripe's earliest employees are not only starting their own businesses but also becoming angel investors backing a growing Stripe ecosystem of founders. While some started these companies years ago, others are new and still in stealth mode.
The most famous one is the artificial intelligence research lab OpenAI. But there's also Quill, a competitor to Slack, and newly launched Watershed. As Insider reported, Watershed received backing from John and Patrick Collison, the billionaire cofounders of Stripe.
