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You have to hope there's a greater plan, because the one right now is "somehow contrive to lose piles of money at being a financial intermediary".
by idlewords 12y ago
You have to hope there's a greater plan, because the one right now is "somehow contrive to lose piles of money at being a financial intermediary".
- subdane 12y agoSquare Cash, Square Capital, Square Market, Square Stand, Square Register, Square Reader. Add the recent Caviar acquisition to the spaghetti on the wall.
- ahsanup 12y agoThe goal could still be to get as many Square POS systems onto the market so that a competitor (ie. Amazon) can't just waltz in and start expanding aggressively.
- toomuchtodo 12y agoAmazon, Google, etc. can afford to give away POS systems for longer than Square can stay solvent.
- cyan_atrus 12y agoSquare's POS is also free
- toomuchtodo 12y agoDoes Square have the margins Apple or Google have that would allow them to give them away for free forever while not making a profit?
- deleted 12y ago[deleted]