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The former American national soccer team manager, Bruce Arena, once was famously quoted describing a scrappy player, Clint Dempsey, with the phrase, “He tried s
by mlthoughts2018 6y ago
The former American national soccer team manager, Bruce Arena, once was famously quoted describing a scrappy player, Clint Dempsey, with the phrase, “He tried shit.” Meaning - it was sometimes weird, didn’t always work, but he went for it and took risks.
You can think what you want about this deal, but Dorsey is similar. It reminds me of Amazon in a lot of ways. They will absolutely try anything, no matter how weird. Some start-up delivers tacos by drones? The next week Amazon has a whole new AWS managed service to deliver tacos by drones, and shuts it down the next year.
If there is any business out there right now that has some potential to be the Amazon of consumer finance, it is Cash App. Obviously the chances any business could do that are low. It’s by no means a clear path to success, but you at least have to admire Square for trying weird shit and being willing to do anything to see what works.
- pfraze 6y agoI generally agree, and the question I have for Jack’s leadership is, does he like to win or does he hate losing? If it’s the latter, he’ll have the follow through to make these risks pay off.