> Companies like FireEye are in the red but have multiplied in market cap since going public. FireEye debuted at $20. It hit a peak of ~$85 shortly after the I

> Companies like FireEye are in the red but have multiplied in market cap since going public. FireEye debuted at $20. It hit a peak of ~$85 shortly after the IPO. Its closing price today is $28.76. As of September, 40% of the companies that went public in the past year with market caps above $1 billion were below their offering prices[1]. The market for IPOs has become even tougher since September. Just look at Pure Storage[2] and CytomX[3]. In my opinion Square is getting out to market while they can. [1] http://www.bloomberg.com/news/articles/2015-09-14/many-of-the-companies-that-went-public-in-the-past-year-are-trading-below-their-offering-price http://www.bloomberg.com/news/articles/2015-09-14/many-of-th... [2] http://www.wsj.com/articles/pure-storage-trades-below-ipo-price-in-market-debut-1444227780 http://www.wsj.com/articles/pure-storage-trades-below-ipo-pr... [3] http://www.bizjournals.com/sanfrancisco/blog/biotech/2015/10/trading-nasdaq-bay-area-biotech-cytomx-ipo-bubble.html http://www.bizjournals.com/sanfrancisco/blog/biotech/2015/10...