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In 2009, a St. Louis glassblowing artist and recovering computer scientist named Jim McKelvey lost a sale because he couldn't accept American Express cards. Frustrated by the high costs and difficulty of accepting credit card payments, McKelvey joined his friend Jack Dorsey (the co-founder of Twitter) to launch Square. In this episode, Jim McKelvey recounts the startup's against-the-odds survival and reveals the business strategy that made Square impenetrable—what he calls the Innovation Stack.
By Matt Lillie4.7
381381 ratings
In 2009, a St. Louis glassblowing artist and recovering computer scientist named Jim McKelvey lost a sale because he couldn't accept American Express cards. Frustrated by the high costs and difficulty of accepting credit card payments, McKelvey joined his friend Jack Dorsey (the co-founder of Twitter) to launch Square. In this episode, Jim McKelvey recounts the startup's against-the-odds survival and reveals the business strategy that made Square impenetrable—what he calls the Innovation Stack.

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