Fat Baby Funds's avatar
$40.4m follower assets
What's the biggest risk to $SQ?
What is the biggest risk to $SQ?
23%Increasing reliance on Bitcoin
29%Poor capital allocation
29%Jack
17%Other
17 VotesPoll ended on: 1/17/2023
Conor Mac's avatar
I am not sure they are currently reliant on Bitcoin, and I am not sure they are becoming more reliant at present. So, I would think jack and capital allocation.
Fat Baby Funds's avatar
@investmenttalk Yeah, I get that. My Bitcoin reliance comment was relating back to a lot of the actions $SQ has taken (TBD, bitcoin hardware wallet, bitcoin on the balance sheet, bitcoin selling through cash app, jacks commentary on bitcoin being his life work, my first bitcoin, rebranding to block, spiral)
Karan Malhotra's avatar
Yep if I could vote twice, would be Jack and Capital Allocation as well
Young Money Capital's avatar
All issues lead back to Jack
Alan's avatar
I think the main risk is that they haven’t proved that the business model can be consistently profitable yet.
Buying Your Time's avatar
Jack goes on Acid Trip and disappears with all the Bitcoin.

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