Square's IPO valuation cut signals tough 2016 ahead for 'unicorns'

Square's IPO valuation cut signals tough 2016 ahead for 'unicorns'

Visual from company's social media page. November 2015

Square Inc‘s initial public offering, priced at a 30 percent discount from the payments and lending company’s private valuation, is one of the loudest signals yet that technology firms are struggling to keep their multibillion-dollar market caps.

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