http://gigaom.com/2012/09/17/square-goes-big-raises-200m-at-3-25b-valuation/ Sat, 25 May 2013 16:32:35 +0000 hourly 1 http://wordpress.com/ http://gigaom.com/2012/09/17/square-goes-big-raises-200m-at-3-25b-valuation/#comment-1005878 Wed, 19 Sep 2012 13:53:54 +0000 http://gigaom.com/?p=563439#comment-1005878 It seems that using a “credit card” or a “debit card” really is and old-school way of doing business. We need companies that are willing to re-think electronic transfers, and reduce fees. Something like Bitcoin.

]]> http://gigaom.com/2012/09/17/square-goes-big-raises-200m-at-3-25b-valuation/#comment-1001908 Mon, 17 Sep 2012 19:49:19 +0000 http://gigaom.com/?p=563439#comment-1001908 $8 billion is a pretty good number in a short time, but they must have a very low margin (ie < 1%). how much will they have to process to make that $3bil valuation pay off? $100bil/year? Also, I agree with the author, hard to see how they will hold off the followers. They have shown the model for making CC processing simple, a model that will be easy to copy.

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