Square Worth $40 Million Before Launch. Earlier today we wrote about Square, the new payment service cofounded by Jim McKelvey and Twitter creator Jack Dorsey.
We also interviewed Dorsey and used Square to buy a coffee. We knew Square had closed a hyper-competitive venture round. What we didn’t know until recently was the size and valuation of that round. Square is valued at a massive $40 million or more after raising $10 million in funding, and the service is yet to launch publicly for anyone to use.
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