Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
ahsanup
on Oct 6, 2014
|
parent
|
context
|
favorite
| on:
Square Raises $150M at a $6B Valuation
The 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
on Oct 6, 2014
[–]
Amazon, Google, etc. can afford to give away POS systems for longer than Square can stay solvent.
cyan_atrus
on Oct 6, 2014
|
parent
[–]
Square's POS is also free
toomuchtodo
on Oct 6, 2014
|
root
|
parent
[–]
Does Square have the margins Apple or Google have that would allow them to give them away for free forever while not making a profit?
Consider applying for YC's Spring batch! Applications are open till Feb 11.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
