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It's like real estate development. You buy a land, develop it, and sell it at a higher price. Same here. You buy a small business, improve it by adapting your
by esjeon 3y ago
It's like real estate development. You buy a land, develop it, and sell it at a higher price.
Same here. You buy a small business, improve it by adapting your solution, and sell it back at higher price.
Of course, the "improve"-ment part better be real, but it sounds like a win-win business model if properly conducted.
- gremlinsinc 3y agoit sounds like it square bought food truck businesses that weren't using square pos and basically installed square pos and resold the business with contract stating they couldn't switch pos providers....I mean it's a way to guarantee vendor lockin but it's also risky. I do hope they follow through with the 80 percent ESO plan later on, as I'd love to see that the norm not the exception in the next generation.