Square IPO pricing is a warning to unicorn startups

November 19, 2015 2:21 AM

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Square IPO pricing is a warning to unicorn startups

Opinion: $9 share price serves as reality check for billion-dollar valuations

Square Inc.’s lower-than-expected pricing should actually serve as a good reality check for Silicon Valley, a bit of a slap in the face by public market investors to the frothy valuations of the so-called unicorn tech companies.

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