With losses widening and cash shrinking, representatives of mobile-payments startup Square Inc. have discussed a possible sale to several deeper-pocketed rivals, according to people familiar with the matter.
Google Inc. discussed a possible acquisition of Square earlier this year, according to three people familiar with the matter. Those talks followed a meeting in 2012 between top Google and Square executives to discuss a possible…
Square looks a lot like a company in transition. It had very strong success in penetrating the micro-merchant market, but that market isn’t a terribly profitable one, so Square needs to go up market to find the real money.
Wall Street Journal, June 5, 2014
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