Companies such as Stripe, SpaceX, and Databricks are scaling to massive valuations without going public, relying on private funding rounds and secondary markets for liquidity and valuation. Secondary market transactions reached a record $226 billion in 2025, enabling investors to buy and sell shares without an IPO. This trend reduces the incentive for companies to list publicly, as they can partially cash out every 12-24 months through private deals. The rise of these alternatives signals that traditional IPOs are no longer the only path for large-scale growth and liquidity in the startup world.
Starting March 2026, Enrique Lores took over as PayPal's CEO and quickly announced plans to save $1.5 billion annually through rationalization efforts. The company reaffirmed its 2026 guidance, expecting adjusted free cash flow and share repurchases ...
The Tour Guy, a major European tour operator, introduced a 'Reserve Now, Pay Later' feature powered by PayPal, allowing travelers to book popular tours without upfront payment. This non-loan option requires no credit checks or interest, charging cust...
