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Re:Square files for IPO by mattkopecki on Wednesday October 14, 2015 @07:31PM (#10390274)
> Doing some back of the envelope calculations I can't see any scale where they are profitable given their current fee structure.

“We lose money on every sale, but make it up on volume”

Re:Square files for IPO by robryan on Wednesday October 14, 2015 @10:35PM (#10390995)
So they keep their current fee structure as long as possible to build volume then switch over to something that will make money when there is no way to further raise funds?
Re:Square files for IPO by themartorana on Wednesday October 14, 2015 @07:44PM (#10390341)
That's some funny math right there.
Re:Square files for IPO by DarthMader on Wednesday October 14, 2015 @09:31PM (#10390788)
Welcome to Silicon Valley