Jack Dorfman: Cash app to me is a rare example of a huge consumer app success story. When I joined cash app was probably sub 50k actives, like people moving money. Today it's north of 50 million actives on a monthly basis with all different types of money movement. Dorfman: The thing cash app did right was like 10 things. Not one. Like there were like 10 things that actually best in class like insane talent density, insane focus, very strong and fraud. And you know, with Jack support was just really firewall from the rest of Square.
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Ayo Omojola is Chief Product Officer at Carbon Health, one of the fastest-growing and most innovative health tech companies in the world. Previously, he was a PM leader at Cash App, where he co-created the Cash Card and scaled it to a nine-figure revenue line for Square. He’s also an angel investor in companies like Mercury, Modern Treasury, Faire, and many others. In this episode, we discuss:
• How Cash App broke through the noise and became a consumer app success story
• Why small teams are better than big ones
• Hard-won lessons on team building and hiring
• Why it’s “criminal” not to connect people in your network to things that they need