How Jack Dorsey used Square to con VCs

http://finance.fortune.cnn.com/2011/02/11/how-squares-jack-dorsey-used-to-con-venture-capitalists/

by quant • 15 years ago

19 14 15 years ago

finance.fortune.cnn.com

cmgarcia• 15 years ago

What a badass.

mattcurry• 15 years ago

I don't see any "con" here, just a great demo.

stanleydrew• 15 years ago

Yeah, the title is tongue-in-cheek I'm pretty sure.

ashbrahma• 15 years ago

Misleading title!!

edw519• 15 years ago

And I loved this because I would go around to all these angel investors and VCs and charge them $5 or $50 to show them my new idea.

Great litmus test. Anyone willing to pay to see an idea is probably too naive to be a dependable business partner.

pg• 15 years ago

Not really. It's a trivial amount, and it would seem rude to refuse.

petervandijck• 15 years ago

Wouldn't it seem much ruder to ask? Or not if you're Jack Dorsey?

hyperbovine• 15 years ago

Either Jack Dorsey is a con man, or VC's could care less about losing $5 to $50.

joshfinnie2• 15 years ago

It is sad that this got 13 upvotes so far. It is scary that this is on the front page of hacker news... the main quote is obviously tongue-in-cheek.

flardinois• 15 years ago

and he's been telling the same story for as long as Square has existed...

dmix• 15 years ago

The video is far more relevant and interesting.

I propose: "Square founder Jack Dorsey's talk at Standford (video)"

joshfinnie2• 15 years ago

I will have to watch the video once I can (blocked at work). Thanks for the info!

camtarn• 15 years ago

The Square card reader is an amazing device. I do wish my Android phone had the equivalent of a dock connector to allow higher powered accessories, but barring that I'm really excited about the potential of using the phone's audio jack for power and signalling.

This one's been linked on HN before, but if anyone hasn't seen it: http://arstechnica.com/apple/news/2011/01/project-hijack-use...

How Jack Dorsey used Square to con VCs

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