business Overview
| HQ | placeSan Francisco Bay Area |
| Business | Payment and point-of-sale solutions |
| Founded | access_time 14 years ago (founded February 2009) |
| Company Trajectory Score | 84 /100 |
| Employees | 9,000 TrueUp Rank #141 |
| Valuation | $41 billion TrueUp Rank #66 all-time high: $174 B (-76%) 1 year ago: $82 B (-49%) 5 years ago: $29 B (+44%) |
| Public / Private | Public ($SQ) |
| Lists | FinTech Commerce Hardware |
Block (Square) is a payment and point-of-sale solutions company with 451 job openings. It is currently valued at $41 billion as a public company. 9,000 people work at Block (Square). The company was founded in 2009.
Block (Square) grid
Employee happiness →
Growth →
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local_atm Financials
| Valuation | $41 billion TrueUp Rank #66 52 wk high: $88 B (-53%) 1 year ago: $82 B (-49%) 5 years ago: $29 B (+44%) |
| Revenue trailing 12 months | $17 billion TrueUp Rank #50 |
| Revenue growth vs. same quarter last year | 17.4% TrueUp Rank #239 |
| MULTIPLES | |
| Valuation / Revenue | 2.4x |
| Valuation per employee | $4.6 million TrueUp Rank #487 |
| Revenue per employee | $1.9 million |
phonelink Products
| Top products | - Square Register - Square Stand - Square Point of Sale - Square Reader - Cash App |
| Other important products | - Weebly (acq in 2018 for $365M) |
| Primary customer type | emoji_people B2C+business B2B |
| Is this really a tech company? | Mostly remove Network effects close Zero marginal costs to produce check Product improves over time close Zero cost to expand globally check Self-serve onboarding + Zero cost of sales |
emoji_people Culture
| Glassdoor employee reviews | 83% would recommend Block (Square) to a friend (1,186 reviews) better than 67% of tech co's 90% approve of the CEO Jack Dorsey (728 reviews) better than 66% of tech co's |
| Company culture links | Life at Squarenorth_east careers.squareup.com/us/en/life-at-square |
| Companies founded by former employees | - Opendoor (founded 2013) - DoorDash (founded 2013) - Faire (founded 2017) |
Top posts not available - company name too common
code Open Source
| Open source citizenship | sentiment_very_satisfied Great TrueUp Rank #25 |
| Top open source projects | ★ 43.8ksquare / okhttp ★ 41.3ksquare / retrofit ★ 18.5ksquare / picasso |
rule Policies
| % of open jobs that are remote | 80% |
| home_work Remote work policy | Remote work is common |
| Same pay everywhere? (same work, same pay) | |
| public H1B sponsorships approved in 2021 | 65 TrueUp Rank #32 |
card_giftcard Benefits (US)
Benefit info not yet available add_boxsubmit benefit data
history Other info
Associated billionaires (source:Forbes) | $4.3B - Jack Dorsey $1.5B - Jim McKelvey |
| IPO date | Nov 19, 2015 (7 years ago) |
| Top owners at IPO | 24.4% - Jack Dorsey 17.3% - Khosla Ventures 9.4% - James McKelvey 5.5% - JPMC Strategic Investments 5.5% - Sequoia Capital 5.4% - Rizvi Traverse 1.3% - Sarah Friar |
| Founder ownership at IPO | 33.8% |
| Implied founder equity split | 72% - Jack Dorsey 28% - James McKelvey |
| Unsuccessful products trending_down | - |
