This episode carries Jeff Jordan's own address, with nobody on the show putting
questions to them. It still counts as said, and it is kept out of every score on their page.
Jeff Jordan, General Partner at Andreessen Horowitz and former eBay executive, explains why network effects make marketplace business models defensible during a TechSummit presentation.
“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.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Jeff Jordan
AssertionNot checkable as stated
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…”
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Jordan: The best outcome for USPS is privatization by Amazon or UPS
“USPS is, you know, been having, you know, been running a massive loss for many, many, many years. I mean, for me, the best outcome is either one of two people buys it and basically privatizes it, UPS or Amazon.”
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Google Drains Retail Profit Margins Through Dual-Funnel Advertising Spend
“A lot of people think Google massively overcharges. They're taking all the margin out of the product because of this. The marketers, brands are spending at the top. Retailers are spending at the bottom. Margins is disappearing into the coffers of these compani…”
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Craigslist founders operate like communists rather than maximizing business value
“They're somewhere between social activists and communists and they have not run their business in a value-maximizing way.”
Jordan: Growth-challenged DTC brands are turning to offline retail
“All the companies that are getting challenged, growing, continuing to grow DTC sales are turning to offline retail in different forms. Every company I've worked with is trying to do that because incremental sales.”
Jeff JordanFeb 26, 2019▶ 9:15a16z Podcast | Who's Down with CPG, DTC? (And Micro-Brands Too?)
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