Full-Time
Head of Product
Growth
Posted on 7/29/2024
Square
10,001+ employees
Payment and POS solutions for businesses
Expert
San Francisco, CA, USA
- 15+ years of product management experience
- Experience leading a 10+ person Product team
- Experience growing the revenue of a sizable product-line or business
- Strong analytical decision making skills
- Strong written and verbal communication skills
- Demonstrated excellence in using principled decision making to manage diverse stakeholders, including peers and executive leadership
- Develop and implement a comprehensive growth strategy aligned with the company’s business objectives
- Lead, mentor, and develop a small team of Growth PMs focused on growth initiatives
- Foster a collaborative and high-performance culture within the product team
- Drive product enhancements and optimizations to boost user acquisition, activation, retention, and monetization
- Design and oversee A/B tests and experiments to validate growth hypotheses and measure results
- Utilize data to uncover growth opportunities and monitor key performance indicators (KPIs)
- Work closely with engineering, design, marketing, and sales teams to drive growth initiatives
- Ensure clear communication and alignment across all departments and stakeholders
- Deeply understand customer needs, pain points, and behaviors to advocate for user-centric product development
Square provides payment and point-of-sale (POS) solutions designed for businesses of all sizes, particularly small to medium-sized enterprises (SMEs) like retail stores, restaurants, and online merchants. Its main product is a POS system that includes hardware such as card readers and terminals, along with software that allows businesses to accept various payment methods, including credit cards, debit cards, and mobile payments. Square also offers additional services like invoicing, payroll management, and business analytics, making it a comprehensive tool for managing business operations. What sets Square apart from its competitors is its user-friendly interface and transparent fee structure, which charges a small fee for each transaction processed. This simplicity appeals to small business owners who value predictable costs. The goal of Square is to empower SMEs by providing them with the tools they need to manage sales and customer relationships effectively.
Company Stage
IPO
Total Funding
$601.2M
Headquarters
San Francisco, California
Founded
2009
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↑ 5%
Simplify's Take
What believers are saying
- Square's expansion into new markets, such as offering Tap to Pay in France, indicates strong growth potential and international reach.
- The company's investment in Bitcoin and blockchain technology positions it at the forefront of financial innovation, potentially leading to significant long-term gains.
- Square's extensive ecosystem of third-party integrations, particularly in the food and beverage sector, enhances its value proposition and operational efficiency for businesses.
What critics are saying
- The highly competitive fintech market requires Square to continuously innovate to maintain its market position and avoid being outpaced by rivals.
- Square's significant investment in Bitcoin introduces volatility and financial risk, which could impact its overall financial stability.
What makes Square unique
- Square's user-friendly hardware and software solutions, including its flagship POS system, set it apart in the fintech market by offering a seamless and comprehensive business management experience.
- The company's transparent transaction-based revenue model appeals to small business owners who prefer predictable costs, unlike competitors with more complex fee structures.
- Square's strategic focus on integrating advanced technologies like machine learning and Bitcoin into its ecosystem demonstrates its commitment to innovation and staying ahead of market trends.