Internet Businesses
topic on 3 shows · 6 statements across 5 episodes
More or Less
My First Million
the Neon Show
6 statements about Internet Businesses, every show
Sam Lessin: Moderate-scale internet businesses cannot maintain a successful long-term strategy
“You're either, like, targeting the one percent, and you can make a ton of money by charging a lot to people who really care, but it's small, right? Relatively speaking. Or you're, like, a completely fucking global mass platform. Like, I think the unsuccessful …”
Parr: Remote internet businesses obscure the real-world impact of your work
“And it made me sad that I make money on the internet, and that I make money remotely with remote staff, because it's hard to see the magic that you're working so hard to create, or hopefully your output is magic, where you create products and services that peo…”
Shaan Puri: Operating internet businesses is far better than physical ventures
“I've done a restaurant. I have an e-commerce thing that has physical products, and I've also done some events, and every time I've done any of those things, I hate it. I'm like, oh my god, this would be so much easier. I would enjoy my life so much more. If I …”
Mack: Internet leverage makes intense sprint-based work incredibly rewarding
“The rewards of working like a lion have never been higher with leverage and code and internet businesses. The ease of grazing like a cow has never been easier.”
Mehta: Stabilized hardware platforms create moats internet businesses cannot match
“Once you build hardware, once you've stabilized your platform, you've got a really powerful lead. You've got a really powerful moat that internet businesses can never deliver on. Almost never. SaaS maybe. Internet powered businesses, almost never.”
Van Meer: SBA loans fund up to 90% of internet business acquisitions
“You can use SBA loans to buy internet businesses. SBA loan is basically a business loan, small business loan that I don't know when they started a few years ago, where they now also fund internet businesses. And you can borrow up to 90%. So technically you can…”