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Squire

5 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Jul 23, 2020 by Songe LaRon · said 5 times in 1 episodes since 2020 · across every show →

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brought up most by Guy Raz (5)

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2020 5 mentions in 1 episode

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Everything said about Squire, oldest first

Jul 23, 2020
Disclosure
Squire charges shops $100-$250 monthly plus a $1 consumer booking fee
“The main way is from handling the payment processing. So that, that's really core to our business. There's a subscription component. So the shops that use our platform will pay a hundred dollars to two 50 a month. And then there's a customer booking fee. So if…”
Songe LaRon Jul 23, 2020 ▶ 4:50 How I Built Resilience: Songe LaRon of Squire
Jul 23, 2020 negative
Assertion Not checkable as stated
Squire's revenue essentially dropped to zero in March and April 2020
“March, April, you know, our revenue essentially went to zero.”
Songe LaRon Jul 23, 2020 ▶ 9:39 How I Built Resilience: Songe LaRon of Squire
Jul 23, 2020 positive
Assertion Not checkable as stated
Squire's May and June 2020 revenue actually exceeded pre-COVID levels
“In fact, May and June exceeded pre-COVID numbers just because of all the new business that we're bringing on.”
Songe LaRon Jul 23, 2020 ▶ 13:31 How I Built Resilience: Songe LaRon of Squire
Jul 23, 2020 positive
Disclosure
Squire waived subscription charges for all customers through October 2020
“And we also decided to waive all of our subscription charges to current and new customers until October, because we knew that their revenue was also going to go to zero.”
Songe LaRon Jul 23, 2020 ▶ 9:43 How I Built Resilience: Songe LaRon of Squire
Jul 23, 2020
Disclosure
Squire was financially prepared for over 12 months of zero revenue
“It's always safe to kind of assume the worst case and be prepared for the worst case, which we were prepared to go to zero revenue for over 12 months.”
Songe LaRon Jul 23, 2020 ▶ 13:47 How I Built Resilience: Songe LaRon of Squire
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