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E43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more
All-In with Chamath, Jason, Sacks & Friedberg
Square Buying After Pay - What's the Reaction of the Stock Market?
The reaction of the stock market to square buying after pay is now everyones can be looking at that and going, wait a second. The reality is that there is something about big tek that wants to de platform people. Who are the big winners in this wave of consolidation? It's going to be the big online company's not the off line legacy banks. And if you look inside a square, they have an incredible lending business. They have incredible merchant services business. Rive so putting all the pieces together, that's what they saw. I hope it remains that decentralized.
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