• Venture capital investing stays hot - 08/04/2015 05:05 PM PDT
    (Seth Wenig)
    Square's IPO pricing sends message to billion-dollar tech startups

    Mobile payment company Square said in a regulatory filing on Friday that it expects to price its shares between $11 and $13, which at the high end would value the company at about $4.2 billion. That's lower than the $6 billion valuation the company reportedly received at its last round of private financing.  
    Photo by Steve Jennings/Getty Images for TechCrunch
    During the third quarter, venture capitalists invested $7.9 billion in companies based in the Bay Area, which was 70.1 percent above the year-ago third quarter, according to the MoneyTree Report released on Friday.  
    Dai Sugano/Staff file photo
    Silicon Valley genetic-testing company 23andMe raised $115 million in venture-capital financing as it prepares to introduce a new consumer product and expands its drug-discovery arm.