jack Jorsey is an American technology entrepreneur and software developer, best known as the co-founder and CEO of Twitter
- Dorsey was born on November 19, 1976, in St. Louis, Missouri.
- He created a prototype and in 2006, he co-founded Twitter with Biz Stone and Evan Williams. The platform quickly gained popularity and has since become one of the world's most influential social media platforms.
- he a young age and attended the University of Missouri-Rolla to study computer science but dropped out before completing his degree.
- his parents Tim Dorsey and Marcia Smith. His father worked for a company that developed mass spectrometers, and his mother was a homemaker.
- Jack Dorsey has a younger brother named Andrew Dorsey.
- According to Forbes' real-time billionaire tracker as of March 25, 2023, Jack Dorsey's net worth is estimated to be $5.6 billion USD.
Jack Dorsey's Block Targeted By Hindenburg: 5 Points On The Company
- It was co-founded by Mr Dorsey in 2009. Formerly known as Square, Block became famous by launching a sleek and small credit card reader that became popular among vendors. The firm fetched nearly $3 billion valuation when it listed on the stock exchange in 2015, said the bbc.
- The company also offers point-of-sales systems and an app that allows people to trade cryptocurrency.
- Cash App was the focus of Hindenburg's year-long research, with the firm claiming the app was used to facilitate millions in fraudulent pandemic relief payments from the US government. The company has rejected all the claims but the Hindenburg report sent its shares tumbling 15 per cent.
- block has been growing at a breakneck pace and surpassed $100 billion in market value in 2021. It is currently worth $38 billion.
- Cash App allows users to transfer money through a mobile application. It had 51 million monthly transacting actives, a 16 per cent year-over-year increase during December 2022,
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