Square’s massive new funding isn’t good news for the company

Square, the payment-processing company, has reportedly closed a new $ 150 million round of funding that values the company at $ 6 billion. On the surface this sounds like good news, with some eye-popping dollar figures. But the truth is that the details of Square’s round seem to confirm ongoing reports that the company’s growth is slowing, profits are lacking, and investors are increasingly reluctant to bet on its future.

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