Square/Block: From Mobile Card Readers t

US · Fintech · Founder Journeys

Square/Block: From Mobile Card Readers t US · Fintech · Founder Journeys 01 / 发家路径 02 / 失败与拐点 03 / 关键数据 起步 探索 增长 Inceptio… · 2009 · 发家路径 › 起步 Inceptio… 2009 Expansio… · 2012 · 发家路径 › 探索 Expansio… 2012 Bitcoin … · 2017 · 发家路径 › 增长 Bitcoin … 2017 核心数据 · Cash App u… · 关键数据 › 起步 核心数据 Cash App u… Legend User UI Agent logic Policy Tool action Context / trace

失败与踩坑

  • • Square's 2015 IPO fell below its offerin…
  • • After acquiring Tidal in 2021
  • • Due to AML and consumer protection flaws

关键成功要素

  • • Capture micro-merchants with ultra-cheap…
  • • Use P2P transfers as a traffic entry poi…
  • • Founder Jack Dorsey's long-term convicti…
  • • While the commercial return of the Tidal…

经验教训

  • • Payment companies must race against regu…
  • • Hardware can be free or low-cost
  • • A founder's personal conviction can lead…
  • • Before acquiring a company