Atlassian Files for IPO, Square Prices IPO Below Last Round

Atlassian is a very remarkable company, particularly from a financial perspective. In fact, they may be so unique that they are one of a kind — and that has risks. Plus, most folks are drawing the wrong lessons from Square’s IPO pricing.

Daily Update: PayPal and Square, Facebook Payments?, Samsung: What Now?

Good morning, As I note below, I finally posted my PayPal article. Check it out! On to the update: PayPal and Square Yesterday I wrote on Stratechery about how PayPal is destined to grow increasingly irrelevant as innovation in the payments space moves to merchant account-based purchases: PayPal’s success in solving the peer-to-peer problem hasReading […]

Daily Update: Amazon Local Register, Messaging Apps Are Extremely Profitable, Samsung v HTC

Good morning. Hello from somewhere between Madison and Chicago. I’m in the car on the way to the airport, heading back to Taiwan. As I noted yesterday, updates for the rest of the week will come at odd hours, including, obviously, today’s. Thanks for your patience. Yesterday on the main site I asked Is BuzzFeedReading […]

Daily Update: Apple Announces Beats Acquisition, Beats Music to Remain on Android, Square Launches Cash Advance

Good morning, I wouldn’t have published Why Apple is Buying Beats were I not pretty certain that the deal was done; that said, it sure took a long time to become final, but final it is. That piece I wrote still applies, as does this podcast. On to the updates: Apple Announces Beats Acquisition FromReading […]

Daily Update: Square Retrenching, Tencent Crushes Earnings, Cisco and the NSA

Good morning, In case you missed my announcement, I’m moving forward with Stratechery’s originally planned podcast, called Exponent. You can get all of the relevant feeds and links at Exponent.FM. On to the update: Square Retrenching Earlier this week Square withdrew Square Wallet from the app store and launched a new service called Square Order.Reading […]