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4min chapter
E43: Innovative venture strategies, Zymergen's implosion, Square acquires Afterpay, future of fintech & more
All-In with Chamath, Jason, Sacks & Friedberg
Square's a Market Place Business
The public capital markets will always reward great growthstra s. The minute that they announced to steal the the market cap of square went up by almost 25 %. They just acquired a 30 billion dollar company for fucking free, which is what happened with whole foods and amazon. Apple already does it for the phones. I wouldn't be surprised if what sap and facebook had a by now pay lateramason,. overtime, everybody needs to have this feature. You can't build a company around it.
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