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Scoop: Sequoia Capital offers to buy Stripe shares from investors

Dan PrimackIllustration: Annelise Capossela/AxiosSequoia Capital is offering its investors a way to cash out of Stripe, the payments giant it first backed nearly 14 years ago, Axios has learned.Why it matters: Limited partners in venture capital funds are increasingly desperate for liquidity, as companies like Stripe eschew IPOs.Behind the scenes: Sequoia this morning emailed LPs in funds raised between 2009 and 2011, offering to buy up to $861 million of Stripe shares.The purchasers would be ot...

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