Global Consumer Spending

topic on 2 shows · 2 statements across 2 episodes

the Knowledge Project the a16z Podcast

2 statements about Global Consumer Spending, every show

a16z Insight
Evans: Tech's addressable market is $50 trillion in global consumer spending
“There's U.S. E-commerce, which is four, five hundred billion dollars, and then there's U.S. Retail, but then there's global retail, and then there's global consumer spending. So we go from thinking about a couple of hundred billion dollars to 40, 50 trillion d…”
Benedict Evans Nov 16, 2018 ▶ 6:30 The End of the Beginning
KNOWLEDGE PROJECT Assertion Supported
Collison: Only ~2% of global consumer spending was online when Stripe began
“And when we thought about it and just like looked at the kind of macro figures, we saw that, you know, about at the time, two percent of all consumer spending in the world happened on the internet.”
Patrick Collison May 2, 2018 ▶ 22:08 #32 Patrick Collison: Earning Your Stripes

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