Earlier quoted context omitted.
Doesn't it make more sense to type it as it's read?
"$" is a modifier, not a word. Otherwise you'd be reading it as "9 dollar sign", not "9 dollars".
Square Prices Its IPO at $9, giving it a $2.7B valuation
41–50 of 185 posts
Re: Square Prices Its IPO at $9, giving it a $2.7B valuation
#42Re: Square Prices Its IPO at $9, giving it a $2.7B valuation
#43Re: Square Prices Its IPO at $9, giving it a $2.7B valuation
#44According to crunchbase, they raised money at a $3.25B valuation in 2012. If they are IPOing at $2.66B now, that means a lot of stock options granted in-between are going to be worthless, unless they were granted at some very different price...
Yes, Square's private per share prices: Series A: $0.21627 Series B: Series C: $5.79817 Series D: $11.014 Series E: $15.46345 IPO @ $9 is not great for lots of folks, but mostly late-stage employees (assuming D & E investors have a liquidation preference - though I don't know for sure).
Re: Square Prices Its IPO at $9, giving it a $2.7B valuation
#45Earlier quoted context omitted.
Yes, Square's private per share prices: Series A: $0.21627 Series B: Series C: $5.79817 Series D: $11.014 Series E: $15.46345 IPO @ $9 is not great for lots of folks, but mostly late-stage employees (assuming D & E investors have a liquidation preference - though I don't know for sure).
Just went through an IPO and we had a stock split to bring the price down to a number around $14. Square could also be doing a split so that $9 doesn't mean D & E are getting screwed.
Re: Square Prices Its IPO at $9, giving it a $2.7B valuation
#46According to crunchbase, they raised money at a $3.25B valuation in 2012. If they are IPOing at $2.66B now, that means a lot of stock options granted in-between are going to be worthless, unless they were granted at some very different price...
Re: Square Prices Its IPO at $9, giving it a $2.7B valuation
#47According to crunchbase, they raised money at a $3.25B valuation in 2012. If they are IPOing at $2.66B now, that means a lot of stock options granted in-between are going to be worthless, unless they were granted at some very different price...
Re: Square Prices Its IPO at $9, giving it a $2.7B valuation
#48According to crunchbase, they raised money at a $3.25B valuation in 2012. If they are IPOing at $2.66B now, that means a lot of stock options granted in-between are going to be worthless, unless they were granted at some very different price...
They'd be smart to hand out some heavy cash bonuses to employees that have been dreaming about $20 per share for years.
Re: Square Prices Its IPO at $9, giving it a $2.7B valuation
#49Earlier quoted context omitted.
Yes, Square's private per share prices: Series A: $0.21627 Series B: Series C: $5.79817 Series D: $11.014 Series E: $15.46345 IPO @ $9 is not great for lots of folks, but mostly late-stage employees (assuming D & E investors have a liquidation preference - though I don't know for sure).
Just went through an IPO and we had a stock split to bring the price down to a number around $14. Square could also be doing a split so that $9 doesn't mean D & E are getting screwed.
Re: Square Prices Its IPO at $9, giving it a $2.7B valuation
#50Earlier quoted context omitted.
In my experience incentive stock options that companies give to employees normally are heavily discounted.
That, plus they've probably been granting RSUs for a while, which do not require being exercised and which cannot be underwater,