Flint: Network effect businesses remain tremendously capital efficient
Pete Flint · 20VC: Lessons From 2x $Bn Exits in Trulia and lastminute.com, 3 Leading Indicators That Suggest Potential Marketplace Success & Why We Are Going To See A Fundamental Change To The World of VC with Pete Flint, Managing Partner @ NFX · Jul 9, 2018 · at 18:22
Pete Flint, Managing Partner at NFX and co-founder of Trulia, responds to host Harry Stebbings regarding the rising customer acquisition costs on major distribution channels.
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“Building sort of core, building business on top of core distribution platforms like Facebook and Google is just so much harder these days, but fundamentally, you look back over the sort of course of history and see these network effect businesses are tremendously capital efficient.”
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