Thanks for that, this comment is worrisome from the article<p><i>&quot;While Square will be a much smaller business from a revenue standpoint after the Starbucks deal lapses, it will be a faster-growing one with a much better shot at profitability.&quot;</i><p>So what is their target valuation when they go public? If they were going for $1 - $2B valuation? I think the world might buy that, but since their last round was at $6B, their investors would probably be pushing for $10B (because if you recall the Box IPO you remember that none of the late stage investors want to take a down round into the public markets) and that is like &quot;Square 10 years from now&quot; valuations.<p>So lets watch this one closely and see if they can get commitments for all their shares on the road show. And if not, we&#x27;ll probably see a giant recapitalization or maybe a firesale to PayPal or something.