Comment by tshaddox

Over the last 10 years or so in SF and LA, I’ve seen so many countless POS systems at restaurants and small businesses that it’s difficult to believe that Square is anything more than 1 player in an enormous field.

And businesses I frequent over many years seem to change their POS systems often. I’ve always assumed that every year there are a bunch of new startups using their VC funds to give away free iPad minis. When the cheap hardware breaks or the software company goes under, there’s always a new one to take its place.