On: WSJ Ignores 5 other Square co-founders

[pgeorgi]

The investment might have the purpose of getting an inside view into Square, and being able to adapt more easily should it take off.

With that reason, it makes sense for Visa to hedge their bets and invest in all parties of that market. With that they're in, no matter who wins.

[philwelch → pgeorgi]

Also gives them a discount if they want to acquire, or a payoff if a competitor wants to acquire.