IN THIS EPISODE, YOU’LL LEARN:

• How and why Twitter and Square was founded.
• How Jack thinks about the future of payment processing with Square.
• Why you should invest in megatrends, and which mega trend to follow if you invest in consumer internet.
• The two main lessons Jack learned from founding Twitter.
• Ask The Investors: Do you invest your monthly cash flow or do you invest a few times per year?

TRANSCRIPT

Preston Pysh  0:02  

On today’s show, we cover some questions and answers from Silicon Valley billionaire Jack Dorsey. As many know, Jack is the founder of Twitter and Square. His personal net worth is in excess of $5 billion. Jack has been at the forefront of modern technology developments and is only 42 years old. 

During today’s show, we covered Jack’s thoughts on mobile payments in the future, his main lessons learned from starting Twitter, and much much more. So without further delay, here’s our episode on the thoughtful Jack Dorsey.

Intro  0:37  

You are listening to The Investor’s Podcast, where we study the financial markets and read the books that influence self-made billionaires the most. We keep you informed and prepared for the unexpected.

Preston Pysh  0:57  

All right, welcome to The Investor’s Podcast. I’m your host, Preston Pysh. As always I’m accompanied by my co-host, Stig Brodersen. And like we said in the introduction, we’re covering Jack Dorsey today. Let’s just jump right into the first question that we want to cover. 

This might sound surprising to some folks. But Jack actually got his inspiration for Twitter by studying the way taxi drivers communicated. When he was asked about this idea, this is how he responded.

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BOOKS AND RESOURCES

• One of Steve Jobs’ favorite books, Inside the Tornado.

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