Once again proving that there are very few new _ideas_ out there. It's all about... | Hacker News

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		unavoidable on July 25, 2015 \| parent \| context \| favorite \| on: Square Files Confidential IPO Once again proving that there are very few new _ideas_ out there. It's all about better execution.

pbreit on July 25, 2015 | [–]

Converting the Mag-stripe into an audio signal that could be sent through the headphone jack was pretty clever and enabled very cheap devices. And correct me if I'm wrong but I believe square was first there.

davidu on July 25, 2015 | [–]

Also timing. Mobile devices have come a long way in that time period, as has ecommerce.

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