{"id":3634,"date":"2011-06-29T11:05:00","date_gmt":"2011-06-29T10:05:00","guid":{"rendered":"http:\/\/www.ewanspence.com\/blog\/?p=3634"},"modified":"2011-06-29T10:42:48","modified_gmt":"2011-06-29T09:42:48","slug":"square-racks-up-the-credit-bill-to-take-on-the-credit-cards","status":"publish","type":"post","link":"https:\/\/ewanspence.co.uk\/blog\/2011\/06\/square-racks-up-the-credit-bill-to-take-on-the-credit-cards\/","title":{"rendered":"Square racks up the credit bill to take on the credit cards"},"content":{"rendered":"<p>There&#8217;s something delightfully old school and twisted about Square grabbing as much VC capital as possible &#8211; another $100 million today, valuing them at over $1 billion -&#160; knowing that the cash is effectively a loan which will have to be paid back (via IPO or a sale) in the future with a lot of return. That&#8217;s a huge APR to take on board just to challenge the credit card companies in their own backyard.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There&#8217;s something delightfully old school and twisted about Square grabbing as much VC capital as possible &#8211; another $100 million today, valuing them at over $1 billion -&#160; knowing that the cash is effectively a loan which will have to be paid back (via IPO or a sale) in the future with a lot of return. That&#8217;s a huge APR to take on board just to challenge the credit card companies in their own backyard.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[25,52],"tags":[2398,2399,1509,721],"class_list":["post-3634","post","type-post","status-publish","format-standard","hentry","category-link-log","category-web-2point0","tag-mobile-money","tag-payments","tag-square","tag-visa","comments-off"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/p58Gl0-WC","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/posts\/3634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=3634"}],"version-history":[{"count":0,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/posts\/3634\/revisions"}],"wp:attachment":[{"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=3634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=3634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ewanspence.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=3634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}