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Whatever you think about Square: They are a profitable business, which seems to be rare in the world of web companies going for their IPO. I'm excited to see h
by dreamdu5t 15y ago
Whatever you think about Square: They are a profitable business, which seems to be rare in the world of web companies going for their IPO.
I'm excited to see how PayPal responds to Square in the future.
- pitdesi 15y agoWhere do you get the impression that they are profitable? They are not even close to profitable at $3million transaction volume per day. They barely make much at all at the moment: http://www.quora.com/Square-company/Can-Square-make-money-with-its-new-pricing http://www.quora.com/Square-company/Can-Square-make-money-wi...
- deleted 15y ago[deleted]
- fuzzmeister 15y agoSquare's goal isn't to make a profit off of transactions. They're a data company - that's where the real money is for them.
- simpsond 15y agoDo you have one of those "Jump to Conclusions" mats?