While I was still at TechCrunch, I would often get asked what startup excited me the most. That’s a massive question. There are a ton. But for the past year and a half, one was always at the forefront of my mind: Square.
Now that I’m a VC, the question is flipped: terms aside, what company would I love to invest in? The answer is the same. Square.
Of course, they don’t exactly need my money — they’re now at the stage where behemoths like Visa are doing strategic investments. And they’re closing $100 million rounds at billion-plus valuations. But I think back to May 2009, when Mike and I were working together to break the news about Jack Dorsey’s new project, then codenamed Squirrel. If only we had the CrunchFund back then…
Of course, at that point, the idea was still more of an intriguing, but somewhat crazy-sounding dream. It wasn’t until Square launched seven months later that it became apparent that this could really be a massive disruptor. And they haven’t disappointed.
NFC: skating where the puck is.
Card Case: skating where it will be.
Why even have to pull out your phone?