How Jack Dorsey Built One Of The Greatest Payments Companies Ever

In 1993, Stanford Engineering lecturer Tom Kosnik invited a startup founder to Stanford University to discuss his entrepreneurial journey with a small group of Stanford students. Over the next 20 years this simple, yet powerful, experience grew into an official Management Science & Engineering course for thousands of Stanford students, and a popular series for hundreds of thousands of students, faculty and aspiring entrepreneurs around the world.

Featuring talks from leaders in technology, business, finance, education and philanthropy, the DFJ Entrepreneurial Thought Leaders Series continues to educate and inspire. Presented by the Stanford Technology Ventures Program and BASES, the venture capital firm of Draper Fisher Jurvetson (DFJ) continues to support this series and entrepreneurship education at Stanford.

Notable guests on the show include Mark Zuckerberg (Facebook), Elon Musk (Serial Entrepreneur), Reid Hoffman (LinkedIn), Steve Blank (Serial Entrepreneur), Sheryl Sandberg (Facebook), Steve Ballmer (Microsoft), Steve Case (AOL), Marc Andreessen (Serial Entrepreneur), Jack Dorsey (Twitter/Square), Marissa Mayer (Google/Yahoo), Melinda Gates (Gates Foundation), Carly Fiorina (HP), Stephen Cohen (Palantir), and John Collison (Stripe).  However, the list goes on and on and on.

In 2011, DFJ Entrepreneurial Thought Leaders sat down with a 34 year-old Jack Dorsey to discuss why he hates paper money and how he created a credit card reader to help small business owners accept credit card payments using their smartphone. This payments system is now commonly known as Square and has processed billions of payments for millions of users. Dorsey explains how he uses story-telling to create narratives that excite and engage customers, investors, and employees.

Subscribe to DFJ Entrepreneurial Thought Leaders on iTunes now.


Author: James Russo

James Russo is a digital product manager with a passion for social entrepreneurship and transforming the financial services industry through design and technology.

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