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Square
Making Commerce Easy
Sample Products
Financial Info
• Private Company
• Four rounds of funding
• Current evaluation: $6 billion
• $30 billion processed in 2014
History
• Founded by Jack Dorsey and Jim McKelvey
• Founded 2009 in San Francisco
• First app + service in US 2010
• Canada (2012), Japan (2013)
What’s Hot
• Square Order
• Apple Pay (coming 2015)
• EMV & chip-and-PIN reader
Secret Sauce
• Focus on businesses
• Clean look
• All-in-one system
Story – Case Study
• Hot Indian Foods
• Need to stand out
• Mobile and easy
• Trends -> smart changes
Competition
• Apple – Apple Pay
• Amazon – Local Register
• PayPal – PayPal Here
• POS Manufactures
• NCR,VeriFone
Future
• Go big or go home
• Split focus
• Bleeding money via small margins
• Tough competition

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Square Presentation

Notas del editor

  1. Square Stand (left), Square Reader (right) Software: Register, Market, Cash, Order
  2. History of company
  3. What’s hot at the company
  4. Tracking, receipts, online sales, invoices. Free reader!
  5. Minneapolis, Indian burrito, FORM and FUNCTION -> OOOH Factor, adapting
  6. Competition 2.5% -> Amazon, 2.75% -> Square, 2.7% -> Paypal
  7. My prediction