Square to Investors: $1 Billion Valuation? That?s So Last Week. Make It $2 Billion.

Square is still working on raising its $50 million-or-so next round of venture capital, and we've heard from several sources why it's taking so long.�It seems Square is no longer content to be in the $1 billion valuation club, which is admittedly getting a little crowded. I mean, once they've let Spotify in, they'll let any hot app in, right? Square is now angling for a whopping $2 billion valuation. That's caused some well-heeled investors to balk, while others are still listening.

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