Stripe is planning to buy back shares from its employees in a new tender offer, financing it independently as speculation grows about a potential IPO. This follows a recent valuation of around $70 billion, spurred by Sequoia Capital's offer to buy shares from investors, signaling confidence in Stripe's improving financial health, including a reported $615 million in free cash flow last quarter. Despite the rising valuation and industry speculation, the Collison brothers have not indicated any immediate plans for an IPO.

Impact investing, which uses capital for social benefit, and employee ownership, particularly through ESOPs, have been shown to significantly benefit workers, especially people of color, by building wealth. While the amount of impact investment in employee ownership is growing, it remains a small fraction of the total capital invested for social impact, with only $3.8 billion allocated to employee ownership funds. The report by Curt Lyon and Julie Menter suggests that to deepen the impact, investors should commit early capital, support fund managers of color, and integrate investment strategies with broader community initiatives.

Revolut, now Europe's most valuable private tech company with a $45 billion valuation, recently conducted a secondary share sale, enabling its employees to gain $500 million in liquidity. The company, which has grown rapidly with $2.2 billion in 2023 revenue and securing banking licenses in Mexico and the UK, is predicting significant growth in 2024, including an increase to 50 million users. Speculation is rising about a possible stock market debut, with Revolut potentially considering a New York listing.

JTC has announced its proposed acquisition of Buck UK's and European Share Plan Administration and Trustee businesses from Arthur J. Gallagher & Co., pending regulatory approvals. This acquisition is expected to enhance JTC's Employer Solutions platform by adding a team of 16 professionals and a portfolio of high-quality clients. Both companies emphasized the importance of cultural alignment and shared values in finalizing the deal, with JTC's CEO highlighting the synergy with their long-standing commitment to shared ownership.

On July 23, 2024, Abacus Property Group issued new unquoted equity securities, including security acquisition rights, long-term incentive (LTI) rights, and short-term incentive (STI) deferral rights. These securities, totaling 9,307 security acquisition rights, 215,839 LTI rights, and 19,157 STI deferral rights, are part of an employee incentive scheme. The securities are not intended to be listed on the ASX.

In the UK, there is broad support across political parties for encouraging employers to offer shares to employees, with various statutory and non-statutory arrangements available. The Liberal Democrats propose giving employees in listed companies with over 250 employees the right to request shares, aligning with the Share Incentive Plan (SIP), while Labour has previously suggested an "Inclusive Ownership Fund" for employee benefits. The Conservative Party, though not explicitly detailing future plans, has recently enhanced the Company Share Option Plan (CSOP) and launched consultations on several related topics.