Jeff Jordan
51 statements across 16 episodes · 18 bullish · 13 bearish · 1 people on the record · first statement Jul 15, 2017 by Jeff Jordan · said 7 times in 6 episodes since 2019 · across every show →
On the record as a speaker too: Jeff Jordan's record, appearances and statements → this page counts the times other people say the name.
Mentions by year
brought up most by Connie Chan (3), Michael Copeland (1), Joe Gebbia (1), Andrew Chen (1)
tap a year for its mentions
2023 3 mentions in 2 episodes 2 per episode
Everything said about Jeff Jordan, oldest first
Jul 15, 2017 positive
Jeff Jordan: Two-sided network effects create self-reinforcing competitive moats
“When that wheel starts turning, it starts to become something that's very hard to compete with because if you're a seller, you have to be there because the buyers are there. If you're a buyer, you want to go where all the sellers are.”
Jul 15, 2017
eBay could not launch services pre-smartphone due to connectivity limits
“And when I was at eBay, I, since eBay, I used to think one of my biggest failings there was I didn't build a services business. It seemed incredibly obvious to me that eBay with the community and PayPal with the payments should support a services business. I n…”
Jan 2, 2019 positive
Jan 2, 2019 neutral
Jan 2, 2019 positive
Jan 2, 2019 bearish
Jordan: Incumbent beauty brands launch twice yearly, inviting digital disruption
“Typically, beauty companies do two sets a year, maybe, because they, you know, would not need to manufacture it, need to support it with marketing, you know, just, you know, it's a beautiful target for digital disruption.”
Jan 2, 2019 negative
Jan 2, 2019
Jan 2, 2019 positive
Jeff Jordan: Virtual marketplaces scale faster than e-commerce due to zero physical constraints
“There are no governor or limitations on how fast most marketplaces can grow. I mean, there, it's kind of the company, most of these marketplaces are virtual. And you know, when a good idea comes in, there is just no limit to growth where e-commerce is dealing …”
Jan 2, 2019
Jeff Jordan: Buyers, not sellers, drive all value in multi-sided marketplaces
“In every marketplace I've managed, the seller paid the company, but the buyer, I believe, is where all the value is. Sellers, businesses, small businesses, aspiring small businesses, will typically go wherever they think consumers are in quantity.”
Jan 2, 2019
A Stanford study showed eight hours of sleep boosted shooting by 20-30%
“There was a study done at Stanford a number of years back that took the men's basketball team, had them do a proficiency shooting, you know, free throw percentage thing under their normal sleep, and then they begged them to get eight hours. And the shooting we…”
Jan 2, 2019
Jan 2, 2019 negative
Jan 2, 2019
Jeff Jordan: Seeing high deal volume is critical for VC calibration
“And the deal flow, as Ben and Joe both said, is, is critical. You, Want to see as many deals as you can, because that's, you know, that's how you calibrate, that's how you get to, you know, some of them are going to be good, and so, you know, be really careful…”
Jan 2, 2019
Jeff Jordan: Scaling startups move to Silicon Valley for executive talent
“A lot of them find as they, as they're growing, they scale out of their cities. So, you know, Chicago had Groupon, and, you know Foursquare had, it was in New York, and they can only hire so many engineers, particularly engineers, but also the senior executive…”
Jan 2, 2019
Jan 2, 2019 neutral
Jan 2, 2019 positive
Jordan: Portfolio companies cut spending without slowing top-line growth
“We've had a couple companies that Shifted in the current capital environments and the uncertainty there shifted from growth at all costs to, you know, kind of smart growth mode or whatever you want to call it. The amazing thing, the profitability improved dram…”
Jan 2, 2019
Jordan: OpenTable achieved network effects only because its direct competitors folded
“Open table got raised enough money and spent it so slowly they were able to survive. The two direct competitors didn't open table ran unopposed for five years, which is the only reason they were able to get to their network effect.”
Jan 2, 2019 bullish
Jordan: Marketplace startups must demonstrate early monetization to prove value
“I think in a marketplace business, if there's money flowing through it, You should be able to demonstrate you can capture some of it early on, or, I mean, if not, I'm trying to figure out if you're actually adding value to both sides of the marketplace and the…”
Jan 2, 2019 negative
Jordan: eBay transaction volume dropped 40-50% overnight following 9/11
“Our volume literally just dropped 40, 50% overnight. New users stopped completely. It was a big divot in the business for two or three or four weeks, and then everything popped back. We never regained the lost users we had during that month.”
Jan 2, 2019 positive
Jan 2, 2019 negative
Jordan: Early PayPal and Facebook social commerce partnerships failed to gain traction
“PayPal did a few deals in back at the beginning of the decade with the Facebook and, you know, felt like, okay, there you have money there. You have social graph. We have social commerce, right? Well, it just, it hasn't worked that way.”
Jan 2, 2019 positive
Jordan: Direct-to-consumer models yield higher margins by bypassing traditional aggregators
“This pre-tail or pre-commerce enables you to leverage the internet and your social following to go direct to the consumers. You get to basically disintermediate the historic aggregators. So, you know, if you were selling a phone 20 years ago, you can even say …”
Jan 2, 2019
Jan 2, 2019
Jordan: OpenTable's 2009 IPO was oversubscribed 20 to 25 times
“Yeah, I know. So when we the original documents had a 12 to 14 dollar price range, I think we updated it to 16 to 18 over the course of the roadshow, because the roadshow was going well. The first two investors said, I want a full allocation. So it quickly bec…”
Jan 2, 2019
Jan 2, 2019 positive
Jordan: CEOs should prioritize long-term IPO investors over maximizing price
“And I would do that again in a second. I'd advise management teams to do it like crazy because as a CEO managing a public company, you don't want people who are in and out on momentum, hot money, because you spend then all your time literally marketing to new …”
Jan 2, 2019 positive
Jan 2, 2019 negative
Jordan: OpenTable's 2009 IPO roadshow required 46 consecutive flip-board meetings
“So my experience of the process in 2009 was we had 46 meetings in rapid succession where we had a flip board presentation and you had to give the presentation the same way every time, you know, so it became one of the most nerve wracking things. Was also one o…”
Jan 2, 2019 positive
Jan 2, 2019 negative
Jan 2, 2019 positive
Jordan: eBay accelerated growth at scale by layering fixed prices and payments
“At eBay, the original business was an auction business in the U.S. And so, you know, some of the things we layered on earlier, we layered on fixed price in the U S not revolutionary, but it really did increment growth. Then we went international and then we la…”
Jan 2, 2019 negative
Jordan: Past investment mistakes stemmed from short-lived Facebook ad arbitrage
“When I made a couple investment mistakes where the paid acquisition looked really good, and actually what they were doing, or they're arbitraging something like Facebook's early mobile attempts, where the people who participate in Facebook mobile ads early Got…”
Jan 2, 2019
Jan 2, 2019 positive
Jordan: OpenTable's San Francisco diligence proved network effects improved key metrics
“My diligence at OpenTable was I looked at San Francisco, which was their first market, and sales rep productivity grew over time. Restaurant churn decreased over time. The number of diners per restaurant increased over time. The percentage that booked through …”
Jan 2, 2019 positive
Jan 2, 2019
Jordan: Early Facebook platform apps grew fast but had zero retention
“Early on in the Facebook platform, companies literally got to a million users in, you know, it felt like minutes. Just because there were so many people on Facebook and the ones who were early just got exploding user bases. There were a number of concepts whos…”
Jan 2, 2019 positive
Jan 2, 2019
Jan 2, 2019 positive
Brian Chesky urges Airbnb staff to host and stay on the platform
“At eBay, we encourage our employees to trade, buy and sell on eBay. I'm on the board of Airbnb and Brian Chesky strongly encourages the employees to host or be a guest on the platform because it keeps you connected to the value and philosophy and, you know, th…”
Jan 2, 2019 bearish
Jordan: Sports team valuations rely entirely on vulnerable media broadcast dollars
“What's driven the constantly escalating value of the sports teams is almost exclusively these media dollars that have flown in. But media dollars typically follow eyeballs, and if eyeballs are declining rapidly, the media dollars disappear.”
Jan 2, 2019 bullish
Jan 2, 2019 negative
Jeff Jordan: ESPN and Sports Illustrated are in steep decline
“The iconic Sports media properties, ESPN and Sports Illustrated are both in decline. Sports Illustrated, they're, like, trying to give it away. I mean, it's now down to, like, a dozen issues a year, and, you know, literally they're trying to sell it, and they'…”
Feb 26, 2019 neutral
Feb 26, 2019
Jordan: Tech's biggest winners initially look like non-obvious niche ideas
“Most of the huge winners are lightning strikes. Facebook was the second or third social network, but you know, no one was thinking social networks when they talk about a trillion dollar company. EBay was Collectibles online, weird Facebook, hot or not, you kno…”
Feb 26, 2019 bearish
Feb 26, 2019 bearish
Jordan: Fewer than five U.S. e-commerce companies hit $1B and stay profitable
“So, you know, one of the big secrets in e-commerce is virtually no companies get big and make money in the United States on e-commerce. I can name five e-commerce companies in the U.S. After two decades of investing and God knows how many tens of billions of d…”
Feb 26, 2019 negative
Feb 26, 2019 bullish
Feb 26, 2019
Jordan: eBay required $11M minimum spend for TV advertising campaigns
“When I was Managing eBay, you know, we were doing TV, and it was a million dollars to produce an ad, and then, you know, ten million dollars to distribute it with a frequency that the brand people thought was efficient. So, eleven million dollars was the ante …”