And another merger might be in the works. Are said to be in talks. First, to our lead, the square ipo. Filing fors company an initial public offering, looking to raise 275 million dollars. Placeholder and will probably change. Jack dorsey is pulling double and as ceo of square twitter. He is trying to restructure the social media company. Joining me now is the bloomberg head of global technology, brad stone. Lets dive into the numbers. Square is making money but its not profitable. Brad growth is slow, which i was surprised to see. The starbucks partnership, wow. Emily can we talk about that . Because that actually cost them money. Ofd there is a long history starbucks being a poor partner to technology. Groupon gave black marks to starbucks as well. Emily where is the growth going to come from . Part of thesting filing was looking at the breakdown of how big the. Ustomers are customers bigger than 500,000 in revenue are growing. It looks like they are trying to move into a bigger ball
Talks. First, to our lead, the square ipo. The Payments Company filing for an initial public offering, looking to raise 200 and 75 million. Se 275 million. That number is a placeholder and will probably change. Jack dorsey is pulling double duty as ceo of square and twitter. He is trying to restructure the social media company. Joining me now is alex barinka, thell as brad stone bloomberg head of global technology. Lets dive into the numbers. Square is making money but its not profitable. Brad growth is slow, which i was surprised to see. The starbucks partnership, wow. Emily can we talk about that . Because that actually cost them money. Brad there is a long history of starbucks being a poor partner to technology. Of course, groupon gave black marks to starbucks as well. Not surprising, jack dorsey has talked about that being a bad deal. Now we have evidence. Emily that is going away. If we cannot rely on starbucks, where is the growth going to come from . An interesting part of the f
Ipo, and another merger might be in the works. More sales are said to be in talks. First, to our lead, the square ipo. The Payments Company filing for an initial public offering, looking to raise 275 million. That number is a placeholder and will probably change. Jack dorsey is pulling double duty as ceo of square and twitter will have to juggle for square as he tries to restructure the company. Joining me now is alex barinka, who covers ipos, and the bloomberg head of global technology, brad stone. Lets dive into the numbers. Square is making money but its not profitable. Brad growth is slow, which i was surprised to see. The starbucks partnership, wow. Emily can we talk about that . Because that actually cost them money. Brad there is a long history of starbucks being a poor partner to technology. Groupon gave black marks to starbucks as well. Not surprising, jack dorsey has talked about it being a bad deal. The deal isentioned going away. If we cannot rely on starbucks, what can squ
Funding and a 1 billion , valuation. Emily joining me today is 23andme ceo and cofounder anne wojcicki. So great to have you here. The last two years for you have been crazy. It could have been disastrous for the company, but now you are back on good terms with the fda. How do you feel about where you are right now . Anne i feel great. Im super proud of the company and what we have accomplished. When you have to slog through, you just have to put your head down and know theres a lot of work ahead of you and youre not going to see a reward for a couple of years, it is hard. I felt like we just climbed the first flight of stairs and were climbing the empire state building. It is amazing we are back on the market. We have an incredible product. We have completely redesigned everything. What im really excited about is that this is the first chapter in a whole new book for 23andme. Emily you have the first fda approved Consumer Test that genetic test that someone can get. Anne consumers can
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