On Wednesday, the Block (NYSE: SQ) executives, on its first investor day in five years, agreed that the company no longer wants to be seen as a single-product company.
The San Francisco company held the company’s first investor day in five years on Wednesday, in which C-suite executives pitched Wall Street that its money app, along with its crypto and music streaming businesses, ought to be valued as an ecosystem.
“Calling Block a payments company is like calling Amazon a bookseller,” CFO Amrita Ahuja told CNBC in a phone interview. “We’ve grown in so many different ways across multiple dimensions.”
In 2009, Jack Dorsey and Jim McKelvey founded Square as …
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