Weekly Update #123: Square's IPO

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Weekly Update #123: Square's IPO
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Hello Investors,
In case you missed it
EquityZen was in the press a few times for covering the Square IPO. You can catch us in Business InsiderCNBC and more recently in TechCrunch.
Speaking of the Square IPO...
Be sure to check out our "Path to IPO" infographic that shows the returns for early Square investors. (Note that the Infographic reflects the IPO price of $9 per share. As of the market close on November 23rd, SQ was trading at $12.12, about 35% higher than the IPO price)
In other news...
Several years ago, the venture firm GGV Capital invested in the Series C round of payment technology company Square, whose shares soared more than 40 percent on their first day of public trading yesterday.
It’s become a meme in tech circles, “IPOs are the new down round,” venture capitalists quip. The dreaded “down round,” when a startup raises capital beneath its prior valuation, is getting pushed back to the public markets.
Square’s CFO talks about today’s IPO, her company’s future plans and why it isn’t really a payments business.
Phil Haslett | Founder & Head of Investor Relations | EquityZen 
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