Square example will be one of the many adjustments we expect to happen. On itself not a big deal as a 4 Bn company is still a smashing success!
IPO range values payments startup at about $3.9 billion, down from $6 billion or so before Mobile payments startup Square Inc. is seeking a valuation of about $3.9 billion, according to a new securities filing, far less than the $6 billion price tag put on the firm a year ago and a sign that recent sky-high private values are facing increasing market skepticism. The San Francisco-based company on Friday said it expects to sell 27 million shares at between $11 and $13 each in an initial public offering, much less than what...
http://www.wsj.com/articles/square-outlines-ipo-terms-1446812826
