Wow this is a pretty big spin. To me it sounds like they basically got fired or let go and/or lost their main investor.
Stripe previously completely bought them out. So Stripe had complete ownership.
A company firing you and then giving you ownership of a company they had previously bought seems unlikely.
The goal was to increase the number of independent online businesses directly or indirectly and by doing so hopefully increase the number of online businesses that used Stripe.
Do you have reason not to trust @csallen?