An Interest In:
Web News this Week
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
- March 22, 2024
Some of Our Sources
- Mashable
- Simplebits
- TutsPlus - Code
- Web Designer Depot
- FanExtra - PSD
- My Ink Blog
- Web Design Ledger
- Wal You
- CSS Tricks
- Codrops
Help Webnuz
Referal links:
April 19, 2012 07:11 am GMT
Payments company Square is raising another major round of funding, but is targeting institutional investors first because of the enormous size of the round, we hear from sources. Square's CEO and co-founder Jack Dorsey and COO Keith Rabois have met with both Fidelity and Legg Mason over the past week, and as AllThingsD reported earlier, Square is looking to raise at a $4 billion valuation, which we've confirmed as well.In addition, we are also hearing that the company is raising around $250 million, which was originally reported in the New York Times. We hear Dorsey wrapped up the 10-day trip to the East Coast to conduct the raise.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dcRFMgr-_s4/
Dorsey Pitching Square At $4B Valuation To Legg Mason, Fidelity And Other Institutional Investors
Payments company Square is raising another major round of funding, but is targeting institutional investors first because of the enormous size of the round, we hear from sources. Square's CEO and co-founder Jack Dorsey and COO Keith Rabois have met with both Fidelity and Legg Mason over the past week, and as AllThingsD reported earlier, Square is looking to raise at a $4 billion valuation, which we've confirmed as well.In addition, we are also hearing that the company is raising around $250 million, which was originally reported in the New York Times. We hear Dorsey wrapped up the 10-day trip to the East Coast to conduct the raise.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dcRFMgr-_s4/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch