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Adii Pienaar

Now working on Receiptful. Co-Founder & ex-CEO of WooThemes. Author of Brandiing. New Dad. Ex-Rockstar.

Square Valuation

This resulted in Square being valued at $40 million before it even launched. [via]

How on earth do you value a company at $40m without it generating any income or even trading properly? I think Square is gonna be amazing, but this seems like a big gamble to me (i.e. if your VC treasure chest isn’t overflowing, you probably won’t back this pretty risky valuation).

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