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The investment might have the purpose of getting an inside view into Square, and being able to adapt more easily should it take off. With that reason, it makes
by pgeorgi 14y ago
The investment might have the purpose of getting an inside view into Square, and being able to adapt more easily should it take off.
With that reason, it makes sense for Visa to hedge their bets and invest in all parties of that market. With that they're in, no matter who wins.
- philwelch 14y agoAlso gives them a discount if they want to acquire, or a payoff if a competitor wants to acquire.