Recently in Campus News
November 6, 2012
October 28, 2012
October 26, 2012
October 25, 2012
October 24, 2012
October 23, 2012
October 22, 2012
October 22, 2012
September 27, 2012
Editor’s note: On Sept. 25 Jack Dorsey, co-founder of Twitter and Square, visited campus at the invitation of the Princeton Entrepreneurship Club to speak about his experiences as a tech entrepreneur. As an homage to Twitter, PAW blog contributor Gavin Schlissel ’13 covered the event in a series of 140-characters-or-less observations and quotations.
Walking in the door, 15 minutes to showtime. Greeter thrusts brand new, free “Square” into my hand
10 minutes to showtime: “hello! im @jack” on the projector, “Beautiful day” on the surround sound
The event is hosted by @princetoneclub — the group also hosts hackathons on campus & leads trips to Silicon Valley
Are we here to see him or vice versa? @Square marketing team showed up in force
Dorsey ( @jack ) steps out into wing, gray sport coat with one button buttoned … He looks like he’s done this before
Completely packed house — I’ve never seen McCosh 10 this full or this quiet. Dean Dunne, President Tilghman on hand
Setting the context for the talk: it’s going to be about “how do we change something that affects every single person on earth?” >>
<< @jack has done this twice >>
<< First by untethering people from mass media (Twitter) then by delivering merchants from archaic credit-card policies (Square).
.@jack : creativity is an ongoing process. Projector shows an unfinished painting—a heavy-handed metaphor but fitting and well-received
.@jack : “An idea that changes the course of the company can come from anywhere.” Companies should embrace new ideas.
Dorsey borrows Steve Jobs’ phrase about the culture of continuing innovation: “It has to be built into the DNA of the company”
Motivation for square: credit card payment should be easier: “The industry that created it has not innovated at all” in 60+ years.
.@jack breaks down credit cards: merchants pay 3-7% on transactions to cover credit card fees that just fund reward programs
Square philosophy: buying things should be really easy: “It feels like stealing... it feels really great. Not that stealing is great...”