Mobile-Payments Startup Square Discusses Possible Sale

Re:Mobile-Payments Startup Square Discusses Possible Sale by abalone on Monday April 21, 2014 @02:42PM (#7622813)

And Square's valued at 3 times that. Yet this story is all about how the actual performance is rougher. So I ask again, how do we know Stripe is actually crushing it? (Also why does a question like that get down voted?)

http://techcrunch.com/2014/01/13/putting-squares-5b-valuatio...

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Re:Mobile-Payments Startup Square Discusses Possible Sale by acchow on Monday April 21, 2014 @03:41PM (#7623184)

Also, Stripe's "$1.75 billion" valuation is misleading because the round was for preferred shares, which have privileges (and lower risk than common stock). We saw something similar for AirBnb, which Marc Andreessen pointed out in a series of tweets:

https://twitter.com/pmarca/status/457017580385873921

Square's valuation was based on common stock.

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