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Square Co-Founder Jim McKelvey on How His Payments Startup Defeated Amazon
Manage episode 289778560 series 2909844
Content provided by Polina Marinova Pompliano. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Polina Marinova Pompliano or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Even though Square transformed the world of payments, it was anything but a smooth ride. Co-founder Jim McKelvey woke up one day to discover that Amazon had copied their hardware, undercut them on price by 30%, and was offering live customer support.
The bitter battle between Square and Amazon lasted more than a year. But McKelvey and Dorsey ultimately did the impossible: Through persistence, determination, and constant innovation, they had defeated the most terrifying company on the planet.
--
Stay up to date by singing up for The Profile, our weekly newsletter that brings you the best profiles of successful people and companies. Sign up here: https://readtheprofile.com
33 episodes
Share
Manage episode 289778560 series 2909844
Content provided by Polina Marinova Pompliano. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Polina Marinova Pompliano or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Even though Square transformed the world of payments, it was anything but a smooth ride. Co-founder Jim McKelvey woke up one day to discover that Amazon had copied their hardware, undercut them on price by 30%, and was offering live customer support.
The bitter battle between Square and Amazon lasted more than a year. But McKelvey and Dorsey ultimately did the impossible: Through persistence, determination, and constant innovation, they had defeated the most terrifying company on the planet.
--
Stay up to date by singing up for The Profile, our weekly newsletter that brings you the best profiles of successful people and companies. Sign up here: https://readtheprofile.com
33 episodes
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