Doug Bergeron, VeriFone CEO   Doug Bergeron, VeriFone CEO,
doesn't like Square.   Verifone CEO Doug Bergeron just dissed
Square, its upstart rival in the credit-card-processing market,
by calling it ""  Oh boy, that was stupid.  That was Bergeron's
reaction, delivered to American Banker, to the news that the San
Francisco-based payments startup is poised to raise another $200
million at a $3.25 billion valuation.  VeriFone, which is
publicly traded, is worth $4 billion. That's about 2.5 times its
annual sales. It has about 3,800 employees.  Square's latest
financing values it at approximately 40 times the best guess
anyone's made for its annual revenues—about $80 million.
Square's headcount just topped 350.  So we understand why
Bergeron is jealous of Square.  Square has tapped a huge,
underserved slice of the small-business market that Verifone and
other big payments providers just can't figure out how to handle
efficiently.  It has also captured attention with its appealing
cofounder and CEO, Jack Dorsey, w