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Okay congrats ..you are a billionaire on paper, now what?

What was the point of this article ?- To showcase an already predictable scenario ?

Either way, congratulations nonetheless, I do admire and respect the work they put in for Stripe.

By this logic, isn't Bill Gates a billionaire "on paper" as well? His wealth is all stock and assets.

It all depends on how liquid those assets are. "Paper" billionaire or millionaire typically refers to situations where someone is a millionaire but wouldn't be able to come up with a million dollars in funds in the short term (in less than a week, say).

Paper ones might be able to take a haircut on their assets for additional liquidity, but that haircut might be enough to make them not a millionaire.

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