Square in Talks to Extend Starbucks Deal Beyond 3Q

The video discusses Square's partnership with Starbucks, highlighting its controversial nature and the benefits it brought, such as increased reliability and brand perception. It also covers the failure of Square Wallet and the importance of taking risks in startups. The experience of serving a large customer like Starbucks is seen as beneficial for Square's future growth. Square Capital's significant growth and plans for global expansion, including potential entry into the UK market, are also discussed.

What was one of the main benefits of Square's partnership with Starbucks?

• Increased brand perception and reliability

• Exclusive rights to Starbucks products

• Immediate financial gain

• Reduction in operational costs

What was the intended goal of the Square Wallet initiative?

• To expand into the European market

• To reduce transaction fees

• To make Square a more valuable company

• To partner with more coffee chains

How did serving a large customer like Starbucks benefit Square?

• It led to a decrease in product development

• It increased Square's operational costs

• It limited Square's market reach

• It helped improve product offerings for other customers

What is one of the new business areas Square is expanding into?

• Real estate

• Retail clothing

• Square Capital

• Automobile sales

What international market is Square considering for expansion?

• Australia

• United Kingdom

• Brazil

• Japan