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Shine Dims For Startup Square as Value Drops.

Authors :
MACMILLAN, DOUGLAS
DEMOS, TELIS
Source :
Wall Street Journal - Eastern Edition. 11/7/2015, Vol. 266 Issue 110, pA1-A4. 2p. 1 Graph.
Publication Year :
2015

Abstract

The article states that San Francisco, California, mobile payments startup firm Square Inc., led by chief executive officer (CEO) Jack Dorsey, was seeking a valuation of about $3.9 billion as of early November 2015, significantly less than the $6 billion valuation of the firm from the previous year. According to the article, Square expected to sell 27 million shares of stock at between $11 and $13 each during an initial public offering (IPO).

Details

Language :
English
ISSN :
00999660
Volume :
266
Issue :
110
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
110792152