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Yeah. Salesforce probably has north of 50% margins. Eating 1% is annoying but livable. A Square or Stripe type business probably has under 5% margins, making
by x0x0 7y ago
Yeah. Salesforce probably has north of 50% margins. Eating 1% is annoying but livable. A Square or Stripe type business probably has under 5% margins, making this a tax of 10 to 20 percent of profit.
- gamblor956 7y agoUnless things changed over the summer, Square is not profitable, so this is just an additional major expense that makes profitability harder to achieve.