Path

“And the ability to save a life even today for 3500 dollars in global health is pretty amazing. The greatest ROI.”

“People have been wanting a path like social network for so long because, you know, Twitter is a completely different product today. Facebook is a completely different product.”

“There's a way to just charge 20 dollars a year, 30 dollars a year, and people will pay for this if you start getting a network effect, and there is demand from people to do this, and this is a multi-million dollar a year idea. You could do a bootstrap.”

“The social network that I built, we were doing a billion timelines view a day at peak.”

“When I went and worked at Facebook on the way in, one senior executive reviewed all my investments and told me which ones I had to divest from. Interestingly, path was fine at the time, but Venmo was a big problem. And then, yeah, believe it or not, I had to s…”

“Utility is an incredible, important part of that, but so is usability and so is desirability because these things together make something truly great. And so, you know, beauty is an important part of that because it does make things more useful. It does make t…”

“In a little known story, we actually almost acquired Sam and I almost merged companies during Path.”

“Path was tried or Google tried to buy path at one time. And I remember like, I think it was like a hundred million dollars or more.”

“There was a social network called Path, which had been started a few years earlier by Dave Morin, who had explicitly set out to try to build a use case for close friends. He did it by trying to cap the number of friends you could have.”

“Had there been no competition like there was for Facebook when they were growing for two years in colleges, path would have been a big company.”

“And one of our customers, PATH, a great non-profit, they were able to, within weeks of sending us these images, put into place an intervention that drastically altered the way that they were thinking about the monitoring and evaluation of this vaccine program.”

“Mobile will be a strong component of any consumer facing offering. I don't believe in mobile only. I actually think, and we saw it even at Facebook with Instagram, and we saw it with Path, we saw it with others. You do need to have a landing point on the web a…”