Jack Dorsey on community investment
From Twitter Founder Jack Dorsey at St. Louis Blight Authority Press Conference · · STL TV
“I was born in the city of st. Louis I was raised in the city of st. Louis my parents still lived in the city of Samos my brothers still live in the cities nameless my entire extended family still lives in the city of Djenne right and I've always looked for opportunities to give back to the city that gave so much to me and form so much of my life.”
On , Jack Dorsey, Co-Founder, Block Head & Chairman at Block, Inc., spoke about community investment during Twitter Founder Jack Dorsey at St. Louis Blight Authority Press Conference on STL TV.
About Jack Dorsey
Jack Dorsey discussed Block's Q1 2025 financial results, projecting gross profit growth of 12% for the year and an acceleration to low double digits in the third quarter. He noted that Square is gaining market share following consolidation efforts and that the company received FDIC approval to use Square Financial Services for nationwide consumer loans through Cash App Borrow, which he said roughly doubles the number of actives eligible for the product and improves unit economics. Dorsey also highlighted the integration of Afterpay products into Cash App, describing it as a "meaningful unlock" that exposes buy-now-pay-later products to 57 million monthly actives. At The Bitcoin Conference 2026, Dorsey appeared with filmmaker Eugene Jarecki to support the documentary "The Six Billion Dollar Man" about Julian Assange. Dorsey described Bitcoin as "an open protocol for money transfers" that routes around gatekeepers such as Visa, Mastercard, and banks. He also argued that traditional corporate hierarchy is obsolete, saying that companies can operate as "mini AGI" by placing an artificial intelligence "intelligence layer" at the center of the organization. Dorsey stated that after experimenting with AI tools in late 2024, Block's leadership uniformly agreed that if they were to rebuild the company from scratch, it would not be the same size or structure.