How This Company Beat Amazon

Originally aired 1.23.23 Jim McKelvey and Jack Dorsey created the payment tool Square to fix a problem small businesses had with credit card transactions. In the early days of Square, Amazon made a competing tool. For most small businesses, that usually means the beginning of the end. But not for Square. Jim and Jack did the unthinkable: they beat Amazon. Jim tells Nicole how they did it through what Jim calls Innovation Stack.  Find Jim's book The Innovation Stack here: https://www.jimmckelvey.com/books/ All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Brokerage services for alternative assets are offered by Dalmore Group, LLC, member FINRA & SIPC. Brokerage services for treasury accounts offering 6-month T-Bills are offered by Jiko Securities, Inc., member FINRA & SIPC. Banking services are offered by Jiko Bank, a division of Mid-Central National Bank. Securities investments: Not FDIC Insured; No Bank Guarantee; May Lose Value.  Brokerage services for Regulation A securities are offered through Dalmore Group, LLC, member FINRA & SIPC. Risks at public.com/disclosures/alts-risk-and-conflict-of-interest-disclosure See public.com/#disclosures-main for more information.