Square (squareup.com), a brand of Block, Inc., is a full-stack commerce and financial technology platform that provides small and medium-sized businesses with payment processing hardware, point-of-sale software, embedded banking (checking, savings, and lending), payroll tools, and e-commerce capabilities. It serves millions of sellers globally across retail, food service, and professional services verticals.
“$150M raise from CapitalG, GIC, Square Peg; example of developer tooling strength. An open-source Firebase alternative providing backend-as-a-service features built on PostgreSQL”
“He took three engineers, and he sat at the corner of the sixth floor at 1455 Market and didn't leave the office for three days... The product shipped that Friday night. The accounting and SEC questions got sorted afterwards.”
“Jackie ultimately became Executive Chairman of Square Financial Services, helping the company secure an Industrial Loan Company charter in 2020, the first U.S. fintech to do so.”
“Jack wouldn't leave the office until that product was launched. And so he sat there for a few days and made that happen.”
Source→“Jackie ran Square Capital and Square Financial Services; Lead Bank's founding team largely came from Square.”
“Jackie's career arc — Goldman Sachs → Apex PE → Yahoo → Square → LeadBank CEO — represents an extremely rare and deliberate transition from pure finance into tech operations.”
Source→“Hamam, my co-founder, helped the FDIC think through machine learning and how algorithmic lending works.”
Source→“That's probably the biggest takeaway I have from my experience working side by side with him for so long is just like zip it. You don't need to talk. You don't need to put your ideas out there first.”
Source→“Jack Dorsey recruited Jackie to Square; modeled disciplined silence and listening as a leadership practice; personally led the 72-hour Bitcoin product sprint.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.