Square Inc Ipo Prospectus File

Square inc ipo prospectus file

Product Description

Publication Date:November 03, 2016

Industry:Financial Services

Source:Harvard Business School

In November 2015, Square, Inc.

Facebook's Initial Public Offering - An IPO Case Study

launched its initial public offering (IPO). The IPO had an offering price of $9 per share, lower than the $11 to $13 estimate that had been outlined in the preliminary prospectus and 42% below the $15.50 share price in its most recent financing less than a year before. The lower than anticipated pricing of Square's IPO, and the implied valuation, had left investors and market observers wondering if this was an indication of a valuation bubble, or a shift in the market.

Square inc ipo prospectus file

The case provides an overview of the IPO process, and examines U.S. IPO trends from the 1980s to mid-2010s. It explores the rationales behind an increasing number of $billion + private valuations, known as 'unicorns', and explores who the winners and losers are when such firms go public at lower valuations.

Square inc ipo prospectus file

Product #: 817054

Pages:26

Related Topics:Direct public offering, Venture capital, IPO, Stocks, Capital markets, Finance, Equity financing,