Consumer Internet

“Think about technology investors, huge focus on SAS, huge focus on all things AI. And huge de-emphasis of consumer based internet businesses. And so I think that's actually a pretty interesting opportunity where one can be contrarian and we continue to see int…”

“Usually when modern consumer internet starts coming in countries, it usually starts with travel.”

“But the idea that like it might cost, it's like it actually has more, a consumer internet company has real tangible marginal cost every time a consumer does something. That's kind of a new thing.”

“And it's only the advent of the internet with cloud computing with, you know, super low cost to start a company that there has been this wave of very young founders creating these consumer internet companies, but That's actually a blip in history.”

“Our fundamental thesis is we stay away from consumer, you know, consumer internet, classical B to C businesses.”

“The first 25 years of the consumer internet was basically American, and the big companies, you know, the agenda, and therefore the kind of the cultural attitudes and the legal attitudes to how they should work were all American. And you can, again, you can gen…”

“The venture industry has an abundance of herd mentality investors in what I call the crack of.com investing consumer internet enterprise software, where everyone has the same strategy and they don't seem to scratch their heads that they all have the same strat…”

“Over the next 10 years, between 2013 and 20 23, globalization of mobile internet, especially for consumer companies, Will be the most important trend I will ever bet on in my career, and hence, because I have a more global view, I am still extremely bullish on…”

“Frequently one of the questions that can be in consumer internet especially, enterprise needs to identify this earlier than consumer, and consumer sometimes will overly obsess with operating margins early, when it's actually in fact get to scale, Then obsessed…”

“I just think consumer internet usage patterns are just not stable, and every three to five years, there's an opportunity, largely because of hardware improvements on smartphones, to rethink many core experiences on the phone.”

“If you want to get into biotech, I would say, hey, get some real, ah, subject matter expertise, because it is very important. Whereas in, in the consumer internet space, Because we are all consumers. It's less important.”