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square's Series E price was $15.46 per share and its IPO price was $9 per share. Do you think this is because Squares previous funding

square's Series E price was $15.46 per share and its IPO price was $9 per share. Do you think this is because Squares previous funding round was over valued? Why?

Recall the IPO Satchet in the conversion clause. What did Square do with a lower IPO price compared to the Series E price?

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