Square CFO on Trade Tensions, Caviar Sale and Cryptocurrencies

The video discusses the company's recent financial performance, including a significant drop in stock value due to trade tensions and the sale of its food delivery app, Caviar, to DoorDash. The CFO explains the strategic reasons behind the sale and the company's focus on strengthening its existing ecosystems. The video also covers new partnerships with DoorDash and the company's approach to cryptocurrency, highlighting its experiments with Bitcoin through the Cash App to drive engagement and explore future opportunities.

What percentage of Square's revenue is attributed to its hardware business?

• 5%

• 10%

• 15%

• 20%

Why did Square decide to sell its Caviar app to DoorDash?

• To exit the food delivery market

• Due to poor performance of Caviar

• To raise immediate capital

• To focus on its core ecosystems

What strategic benefit does Square gain from its partnership with DoorDash?

• Increased advertising opportunities

• Access to new markets

• Participation in delivery and logistics economics

• Exclusive rights to DoorDash's technology

How did Square's Bitcoin investing product impact its Cash App?

• It decreased user engagement

• It drove $125 million in revenue

• It led to a decline in app downloads

• It had no significant impact

What is Square's approach to cryptocurrency in its business strategy?

• Investing heavily in cryptocurrency infrastructure

• Partnering with major cryptocurrency exchanges

• Making small experiments to learn and innovate

• Avoiding cryptocurrency due to market volatility