fpzark wrote:Jfh20 wrote:crypto = Scam
Yeah, let's melt the planet for a marketing tie in. Cash App is terrible, Jack Dorsey is a clown, Block is dumb and crypto is a ponzi scheme.
Jack Dorsey is a real snake. His ego became super inflated after he was able to screw over his Twitter cofounder Noah Glass by backstabbing him Zuckerberg style. The other 2 co-founders got wealthy with the following net worths:
-Evan Williams: $600M. Dude co-founded Blogger and Medium, made the former huge before it was bought by google. When he sold the company to Google, according to people connected he had failed to properly take compensate the people that helped put him in the position to do so(blogger employees) and that he was described by Meg Houlihan co-founder of Blogger as calculating and someone who was ungrateful.
-Biz Stone: $250M
-Jack Dorsey: $12B.
-Noah Glass: $5M. Dude was going through a rough divorce and got back stabbed in the back brutally. He had founded Odeo which was the precursor to Twitter with Williams and Dorsey working with him.
;ab_channel=ColdFusion
Dorsey was a coder and Noah took on the project as the architect of selling the idea to investors. Evan was skeptical but let Noah run it. Sadly for Glass, Williams and Dorsey found a legal way to kick him out of Twitter and sadly for him it was too late. Dorsey had convinced Williams that Glass was dead weight and had to go. Evan Williams was able to con investors out of money by underselling the value of Odeo and saying it wasn't worth squat and convinced the investors to sell back their Odeo stock to him. Price: $5M. This later increased to $5B.
In the end, Williams and Dorsey bonded and staged a successful coup that kicked Glass out of the company and Dorsey turned the company from a music podcast company into a website based around status. The knell for Glass came when he expressed his fear of Williams to Dorsey who told him that everything would be fine and then told Williams about Glass. Result: Glass was kicked out and the reality was Dorsey had threatened to quit if Glass wasn't fired.
I wouldn't trust Dorsey with this CashApp BS to be honest.