Can Jack Dorsey Serve Both Twitter and Square?

IPO

Square is planning an IPO. Jack Dorsey is CEO of both Square and Twitter. How will this impact Square’s public debut?

Half a Dorsey May Mean Trouble for IPO-Bound Square

Square on Wednesday announced that it had registered with the Securities and Exchange Commission for its long-expected initial public offering. A startup that specializes in electronic payments, Square has been operating in the red. It plans to raise up to US$275 million in its IPO, it disclosed in its SEC filing. However, market conditions currently are not considered very favorable for IPOs. Square’s news made a few heads turn, coming just days after cofounder and CEO Jack Dorsey announced a
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