Name: Match and Square debut low-priced IPOs
Uploaded: 2015-11-20
Duration: 1 min 39 s
Description: The future might be an uphill battle for the two companies.

Match and Square debut low-priced IPOs

The future might be an uphill battle for the two companies.

mhm square and match separating from my both did well, but both were priced a lot lower than initially expected. Aaron, is this something bigger that we should be looking at or these two separate stories? Well, it's a tough market, and we knew that going in match and square very different. I mean, square is truly a unicorn matches being part of that. They have a history of building these companies up and spin them out and match priced in its range. It was the low end of its range, but they were in this range square priced below the range. It was looking like a disaster. Then first day of trading, the stock jumps and remember we're talking about It was a great i p o. It's not a great I p o. I mean, they got it out of the door. That was why it was a success. But don't look at that first day and said like Oh, my gosh, this is so amazing. This is not the 19 nineties, right? We're stuff priced above the range and then still had a 50% right. And Andrew Square does have its issues. It's got it takes a cut of the fees every time there's a transaction on its device. But it's got to share that cut with many players, and it's got new competition, right? This is an uphill climb. Absolutely. I mean, the good thing about Square is that it's the choice of most small businesses. On the other hand, I mean, all the payment providers definitely want to offer that kind of technology, and they need to make sure that they're not offering a commodity service match. On the other hand, you can see it seems like they could charge whatever they want they own. They own the dating market online. I mean, it's a I mean, it's a monopoly. In some ways, that's what's so incredible. Okay, Cupid and tinder, of course, which all the kids are on and match, which is big. So if you're looking at those two businesses, I think matches a much better position right now and square