Fintech company Square bought music streaming company Tidal

Square ($SQ) is buying Tidal , a fintech, a music streaming company, how to cooperate?

Square CEO Jack Dorsey himself explained the reason on Twitter. Square's two major product lines serve merchants (Seller) and general consumers (Cash App). Dorey started using Tidal founded by Beyonce's husband in 2015. Service has a deep understanding.

Optimistic about the business opportunities of the music streaming industry, it plans to create a new product line to serve musicians and streaming media consumers , and to provide a brand-new financial service product line to support musicians and provide better services For Tidal subscribers , just as Square's initial product was designed to serve small and medium-sized businesses, Dorsey's decision is both emotional and practical, and it can increase Square's product line to reach new business areas, and the development is worth looking forward to.

After Steve Jobs, Square's Jack Dorsey and Tesla's Elon Musk are the CEOs of high-growth companies I admire the most . Dorsey on social media Twitter (he is also CEO) and financial technology Square, Musk on electric vehicle/new energy technology Tesla and space technology Space X (Musk is also CEO) are both well-known KOLs in the United States.

Square's Dorsey may be relatively unfamiliar to you. He is very artistic and sentimental. Like Steve Jobs, he was forced to leave Twitter, the company he founded, to create a new company, Square, and then return to lead the original company. The difference is that Square, which Dorsey left and founded, was very successful. If Next, which was established by Jobs, was not acquired by Apple, it would probably hang up...

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Jack Dorsey's complete description of the acquisition of Tidal on Twitter, those who are interested can take some time to read: