Paypal is separating from eBay and is expected to go public sometime next year. I fear that if the current appreciation levels on the stock market remain, the IPO will be way too expensive. We've seen this with most "internet companies" such as Alibaba and Twitter. But I do see paypal as a very good company and I have no doubts about them being very profitable, but as I said I'm a bit worried about the listing price. I guess only time will tell, but if it isn't too high then I think I'll buy some. (obviously need to see proper financials before I make the last decision) Thoughts on paypal or their upcoming IPO?