The Ledger
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why aren't all 5 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Stone's angel investment in Square yielded a 1,000x return
“Oh, that would probably be square because it's something like a thousand X return or something.”
Cash App hedged Square when over half its revenue was exposed
“Half of their entire business, actually arguably more, was directly linked to small businesses being affected, but then the way Hashapp came about and became such a great hedge on the rest of the business, it's just been fascinating to watch.”
PayPal and Square surpassed Bank of America and Goldman Sachs in 2020
“Last year, you probably know this, but you know, you've heard some of these stats, like PayPal became more valuable than Bank of America and Square became more valuable than Goldman.”
Square reduced merchant onboarding from weeks to instant approval for 93%
“Before Square, people sometimes forget, before Square in the United States to get access to the credit card infrastructure. You can apply, in quotes, for a merchant account And that would take three weeks. It would require a credit check and a manual investiga…”