As if today’s stock market debut of Twitter wasn’t enough to keep him busy, Twitter co-founder Jack Dorsey is reportedly also considering floating his other company, Square, in the near future.
According to the Wall Street Journal, Dorsey has been in talks with JP Morgan and Goldman Sachs about floating Square next year.
Square is a device that lets you read bank cards with your smartphone. Dorsey is co-founder and CEO, as well as being chairman of Twitter.
Like Twitter, Square hasn’t yet made any profit, but sales are forecast to hit $550m this year.
Dorsey co-founded Square in 2009. It was valued at $3.25bn in a funding round last year that raised $200m from Twitter investor Rizvi Traverse Management.
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