Bob Lee, 43, creator of CashApp, was killed yesterday around 2:35 AM in a random mugging in San Francisco. HOLR investigates how it all went down.
Inventor of Cash App Stabbed in San Francisco
As noted by the Independent, early on Tuesday morning the SF police department found the Cash App inventor Bob Lee with stab wounds near Rincon Hill and the Bay Bridge. The high-profile tech executive was rushed to the nearest hospital but unfortunately, he didn’t survive his injuries.
Jake Shields, a friend of Lee’s, said the tech mogul was stabbed while walking in the good part of the city.
No arrest has been made so far.
Who Owned Cash App?
According to Investopedia, CashApp is a peer-to-peer (P2P) payment service owned by Block, Inc (the former name of Square, Inc). Launched in 2013, Cash App was among the first ones of its kind. The services Cash App provided go beyond just P2P payment as it can also receive direct deposits as well as allow users to trade stocks.
Bob Lee’s Career
In addition to being the founder of Venmo’s rival Cash App, Bob Lee was the Chief Product Officer of the cryptocurrency company MobileCoin, affectionately known as Moby.
Joshua Goldbard, one of Lee’s co-workers at MobileCoin, tweeted that “Moby was [Bob Lee’s] dream, his vision. Bob believed we have the right to privacy in the 21st century. That belief is Moby.”
Bob Lee was also reportedly a former chief technology officer of Square, a fintech platform combining in-person and online payment processing for small businesses. Square was founded by Jack Dorsey.
What Did Bob Lee Do Before He Created Cash App?
Before the birth of the famous Cash App, Bob Lee worked at Google and focused on the core library development of Android, one of the world’s most used operating systems to date.
Bob Lee also invested in many tech startups, including SpaceX, Clubhouse, Tile, Figma, Faire, Orchid, and Gowalla. The man was pivotal in his contribution toward fighting a global pandemic too. During the peak of the Covid-19 outbreak, he assisted the World Health Organization with its mobile app.
Published by HOLR Magazine