Archive for: November 20, 2015

So the Square IPO priced “below the last round.” That’s what the news media reported. In fact, one media story was headlined “Square Flops.” So was yesterday really a bad day for Square? Nope. It was a very very good day – for everyone involved, and much of the news media missed it. The Square IPO was good for the company because they were able to raise $243 million of much needed cash to keep growing; it was a good thing for employees because the IPO made their shares and stock options liquid (once their lock-up expires); it was a…

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