Cash App Founder Bob Lee Cause of Death, Revealed

• Cash App creator Bob Lee died at 43 on San Francisco street
• Peers and industry leaders expressed their condolences on social media for Bob Lee
• Lee had just relocated to Miami but had returned to the city on a work trip

Cash App creator Bob Lee was stabbed to death in San Francisco on Tuesday, according to a Facebook post posted by his father.

In a post linked to a TechCrunch article on the incident, Rick Lee stated, "I just lost my best friend, my son Bob Lee when he lost his life on the street in San Francisco early Tuesday morning."

Cash App Founder Bob Lee Dead at 43

The San Francisco Police Department reported late Tuesday that a 43-year-old man had been stabbed earlier in the day and died in the hospital from his injuries. In a statement that did not identify the victim, the department stated that the incident was being investigated and no arrests had been made.

At around 2:35 a.m., officers went to a stabbing report in the 300 block of Main Street in the Rincon Hill district of the city, as per CBS News. Upon arrival, they discovered the victim, who was transported to a hospital but died of his injuries there, according to police.

As of Tuesday evening, the city's medical examiner's office had not officially identified the body, but Lee's friends and coworkers said he was the victim. The company announced that Lee, a 43-year-old Chief Product Officer for the San Francisco-based cryptocurrency business MobileCoin, passed away early Wednesday morning.

Lee had relocated to Miami late in the previous year, but he was in town for the MobileCoin leadership summit and was staying a few extra nights to visit friends.

According to Reuters, Block Inc (SQ.N) promotes Cash App as an alternative to traditional banking services since it enables consumers to transfer funds using a mobile application. Block was not available for comment at this time.

Lee was the chief product officer of the cryptocurrency business MobileCoin, where he had previously served as an early-stage investor and advisor, the company said on Twitter.

Block, the parent company of Cash App, was recently in the headlines when short-seller Hindenburg said in a report that the payments company exaggerated its user counts and underestimated its client acquisition expenses.

Rick Lee wrote on Facebook, "Bob would give you the shirt off his back. He would never look down on anyone and adhere to a strict no-judgment philosophy. Bobby worked harder than anyone and was the smartest person ever. He will be missed by all those that knew him."

Tim Oliver Lee, Bob's brother, stated on Facebook, "I was so fortunate to grow up with him, and I feel like I've lost a piece of myself."

Tech Moguls React to Bob Lee's Death

On Wednesday, tech executives went to social media to express their condolences and shock at the tragic stabbing of Cash App creator Bob Lee.

The co-founder of Twitter and CEO of Block, Jack Dorsey, described Lee's death as "heartbreaking."

Joshua Goldbard, the chief executive officer of MobileCoin, said that Lee was "a force of nature" and hailed Lee in a statement as the "quintessential creator, leader, and consummate hacker."

The president of Fly Exclusive, Tommy Sowers, posted photographs of his time with Lee.

Garry Tan, the CEO of YCombinator, described Lee's passing as a "huge loss for the tech community and San Francisco."

The killing of Lee has sparked business executives' and others' concerns about the safety of San Francisco. On Wednesday, Brooke Jenkins, the district attorney of San Francisco, tweeted that no arrests had been made and extended condolences to Lee's family. She wrote, "We will not tolerate these horrific acts of violence in San Francisco."

Randy Quezada, communications director for the San Francisco District Attorney's office, told Insider that the San Francisco police department must complete its investigation before the DA's office can intervene.

On Twitter, Elon Musk also remarked on the incident."Very sorry to hear that. Many people I know have been severely assaulted," Musk tweeted.

Former MMA fighter Jake Shields was among the first to remark on Lee's murder on social media and has continued to demand justice for the former executive since then.

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