Cash App Founder Fatally Stabbed In San Francisco; Mayor Requests Federal Help In Addressing Violence

Cash App founder Bob Lee was fatally stabbed in San Francisco early Tuesday morning.

The incident occurred around 2 a.m., he was taken to a hospital with life-threatening injuries and later died, according to a report from NBC News. 

Lee created and launched Cash App with Block Inc SQ (then called Square) in 2013, while serving as the Chief Technology Officer for the company from 2010-2014. Lee had transitioned from Block, and was working as the Chief Product Officer for MobileCoin, a cryptocurrency company.

Jake Shields, a former UFC/MMA fighter, tweeted about the attack, saying Lee was in a “good” part of the city. Shields also said that Lee appeared to be the target of a random attack/mugging.

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San Francisco's Crime Problem

Large players in the tech space, like David Sacks, have complained about San Francisco’s crime problems throughout the past few years, saying the city is full of “chaos and lawlessness.” According to U.S. News, San Francisco does have a higher crime rate than the average American city. 

Asian-American voters in San Francisco have become increasingly worried about the city’s crime problem, according to a recent report from CNN. San Francisco’s mayor, London Breed, wrote a letter to U.S. Attorney For Northern California Ismail Ramsey, asking for help from the federal government to combat crime in the city. Breed said the drug and crime problems in the city are beyond the city’s capacity to address and that assistance is needed. 

Like Shields points out, Lee’s death could put a renewed focus on San Francisco’s crime from citizens and voters. 

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