Square files for IPO
<p><pre><code>  We generated net losses of $85.2 million, $104.5 million, and $154.1 million 
  in 2012, 2013, and 2014, respectively. As of December 31, 2014, we had an 
  accumulated deficit of $395.6 million. For the six months ended June 30, 2015, 
  we generated a net loss of $77.6 million. As of June 30, 2015, we had an 
  accumulated deficit of $473.2 million. 
</code></pre>
Could someone explain the motive to go public while operating in the losses? Isn't the public market more averse to companies operating in the negative.<p>Also wouldn't the timing act more as a distraction for Jack?