Square Files Confidential IPO
1–10 of 33 posts
Re: Square Files Confidential IPO
#2It's ok, though, to post a comment to the thread explaining to people how they can read an article. In fact, someone almost always does.
Re: Square Files Confidential IPO
#3Please don't swap out original URLs with Google links, even when the URL is paywalled. HN requires original URLs. It's ok, though, to post a comment to the thread explaining to people how they can read an article. In fact, someone almost always does.
Re: Square Files Confidential IPO
#4Please don't swap out original URLs with Google links, even when the URL is paywalled. HN requires original URLs. It's ok, though, to post a comment to the thread explaining to people how they can read an article. In fact, someone almost always does.
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&c...
Re: Square Files Confidential IPO
#5Re: Square Files Confidential IPO
#6Please don't swap out original URLs with Google links, even when the URL is paywalled. HN requires original URLs. It's ok, though, to post a comment to the thread explaining to people how they can read an article. In fact, someone almost always does.
Here's how you can read the article ;) https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&c...
Re: Square Files Confidential IPO
#7Their lending operation is pretty interesting. If structured as a payday loan operation for businesses, it can be quite profitable albeit fraught with regulatory and/or reputation risk. If not structured as a payday loan biz, I don't think there's much meat there. Low credit borrowers won't repay, and higher credit borrowers can seek credit from other sources a much lower rates. e.g. the securitized market. e.g. it's much cheaper for a business owner to borrow against his house to fund his biz than for he or she to borrow from Square.
Such a payday loan biz was just bid on Shartank.
http://boss.blogs.nytimes.com/2013/11/19/assessing-a-kevin-o...
Re: Square Files Confidential IPO
#8Re: Square Files Confidential IPO
#9Housing is about to get even more expensive in SF...