The fact that he does that instead of focusing on what he is already in charge of is egregious. If I was a Block shareholder looking at this, I’d be upset. It’s been years of him going on side quests like Tidal, blockchain, weekly etc. while ignoring the core needs of his customers and losing out on various fronts. Toast is a $20B company while Block is some $50B company after the acquisition of cash app (which by the way is a different conversation altogether) when Square should’ve had almost 90% market share is shameful.
The dude is clueless at the wheel and somehow people still keep giving him grace, when really he did a few things more than a decade ago and since then has mostly just fumbled around.
(I work for Block, not on this)
Cash App was not an acquisition, it originated as a hackweek within (what was then called) Square.
Possibly you’re thinking of the Afterpay acquisition?
Ahh sorry, you’re right, I meant Afterpay which was a $29B acquisition. I also meant Weebly not weekly (autocorrect).