The fact that he does that instead of focusing on what he is already in charge of is egregious. If I was a Block shareholder looking at this, I’d be upset. It’s been years of him going on side quests like Tidal, blockchain, weekly etc. while ignoring the core needs of his customers and losing out on various fronts. Toast is a $20B company while Block is some $50B company after the acquisition of cash app (which by the way is a different conversation altogether) when Square should’ve had almost 90% market share is shameful.
The dude is clueless at the wheel and somehow people still keep giving him grace, when really he did a few things more than a decade ago and since then has mostly just fumbled around.
Weebly was interesting because before that Square had their own online store (it went through a bunch of names over time) and they existed concurrently for a while, although I'm not sure if they still do. The codebase was a nightmare and the whole team had abandoned it and moved on to other things, which meant it wasn't getting fixes or updates for a while.
Entrepreneurship is like one of those carnival games where you throw darts or something.
Middle class kids can afford one throw. Most miss. A few hit the target and get a small prize. A very few hit the center bullseye and get a bigger prize. Rags to riches! The American Dream lives on.
Rich kids can afford many throws. If they want to, they can try over and over and over again until they hit something and feel good about themselves. Some keep going until they hit the center bullseye, then they give speeches or write blog posts about "meritocracy" and the salutary effects of hard work.
Poor kids aren't visiting the carnival. They're the ones working it.
No other company in the internet age has done what Facebook has. Zuckerberg -
Copies every product he sees. Copied Twitter, Snapchat. Lifted features from Google+
Overwrite people's public-facing emails, which hurts being able to use competitive services https://news.ycombinator.com/item?id=4151433
Apparently wrote some tool which allowed for data transfer into FB from Myspace, but not the other way around (yes, I know. In many ways Myspace was hot trash, that doesn't mean he wasn't a malicious actor to extreme extents
Blocked links to competition
Other things I can't remember right now
Say what you will about Myspace, or Friendster, or Google+ (I'm annoyed as anyone they thought a great method to get people to use it was "ok, we'll ask you again later" on Youtube) but Facebook has always rigged the game, they've been bad actors
The dude is clueless at the wheel and somehow people still keep giving him grace, when really he did a few things more than a decade ago and since then has mostly just fumbled around.