Couple of points of clarification from Monday’s article. I don’t think I was as clear as I could have been about why building a closed loop payment network is such a big opportunity for Square. In particular, I’m going to focus on how building this would start turning a flywheel that leads to growth for both the Cash App and Seller ecosystems.
Follow Up: Square's Walled Garden
Follow Up: Square's Walled Garden
Follow Up: Square's Walled Garden
Couple of points of clarification from Monday’s article. I don’t think I was as clear as I could have been about why building a closed loop payment network is such a big opportunity for Square. In particular, I’m going to focus on how building this would start turning a flywheel that leads to growth for both the Cash App and Seller ecosystems.