Square files for IPO
  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. 

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.Also wouldn't the timing act more as a distraction for Jack?