Square Investor Suggests IPO Hoopla Overblown

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 publicly trading yesterday (and trading down a few percent today at $12.78). It’s perhaps unsurprising then that the firm’s managing director Glenn Solomon thinks the company has only reached the tip… Read More...