The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 




every show 44 of 44
Strict leadership profiles restrict company diversity and DNA
“As soon as you have a spec for who's the kind of leader person, you're kind of doomed because you're going to kind of be narrowing your DNA and not expanding your DNA.”
Early Zynga succeeded by aligning investors around never selling
“One of the ingredients that I think was really key to making Zynga successful in the early days was alignment. And we had such powerful alignment between the investors, first the CEO and founder vision, and not just vision for the product or company, but the v…”
Mark Pincus pitched Zynga by listing ten reasons not to invest
“I started off by saying to investors, let me tell you the top 10 reasons you're not going to want to back us. And if you still want to talk after that, we will, but then we won't waste time. And 95% of investors thanked me and said, I don't want to meet.”
Zynga withheld financial metrics from investors until late in fundraising
“I refused to share anything about our financials until kind of very, very late in the process, and I just said, you'll have surprise and delight at our financials, but I don't want you to invest because of them.”
Mark Pincus missed investing in Square because he thought he was too busy
“I don't know that it was offered to me, but Square, when Jack Dorsey was walking out in the hallways at a conference with a dongle, and I thought I was too busy.”
Pincus and Hoffman invested in Friendster without expecting it to succeed
“I remember when we both wrote Checks for Friendster, it was not because we thought it had any chance. We just were like, this is an experiment that needs to happen, because this is important for the consumer internet.”
Pincus: Sean Parker worked for him as an intern at age 16
“He worked for me as an intern when he was 16.”
Pincus: Steve Jobs spent a conference demo obsessing over MIT's touchscreen
“I was there at the tech conference when this team from MIT was demoing their touch screen and they did it on a gigantic whiteboard and Steve jobs was obsessed with it. They had a whiteboard and they had a table with it. And I watched him, and he spent the whol…”
Pincus: Tribe.net failed because it pursued too many use cases
“I tried to do everything with tribe. It was really ambitious and I didn't pick one use case. And there was multiple inside tribe that worked. The tribes, the idea of these urban tribes worked. People loved it. But I was too ambitious, and so we failed.”
Pincus: TCI Considered $400M Prodigy Stake Instead of Buying AOL for $110M
“At one point, TCI was going to buy a third of Prodigy. It was The biggest online provider at the time, and it was terrible... And AOL had just gone public and was worth a hundred and ten million. Prodigy, this deal was to pay four hundred million for a third o…”
Pincus: Viral apps with high churn must fix retention before acquisition
“And the real answer to sinking speedboat is to fix the hole in the bottom, you know, not go faster, more people.”
Pincus: Roughly 20% of Facebook users played FarmVille at its peak
“And Farmville was the first time that we hit this, like, mass market consumer tipping point where lots of people knew about Mafia Wars, but with Farmville, we hit this density on the social network and the feed with Facebook that something I think, like, 20% o…”
Pincus: pump.fun users generate around 20,000 meme coins daily
“It's a website that lets people create meme coins. I think they create like 20,000 a day through this.”
Mark Pincus invested in Raya after cold emailing info@rayaapp.com
“I invested in the company. I cold mailed them, and I, info at Raya app, and said, I use your app every day. I want to invest.”
Pincus: A successful 'bold beat' extends game player retention by months
“And if a bold beat is right, it could lead to inspiring your players to really imagine a new dimension that that gameplay can go to and inspire you to play for another three months or another year.”
Pincus: Zynga Tracked Every Click When Rivals Relied on Google Analytics
“We were pushing it more than anybody because we went to tracking every click and analyzing it at a time that they were using Google Analytics.”
Mark Pincus was an early investor in Napster
“In 2002 and 2003, a few of us started getting together and really thinking about the potential for a people web, a web that was about people connections and not page connections and something that in really building off of Napster, which I was a first investor…”
Mark Pincus spent four years stubbornly pursuing a failed iteration of Tribe
“The most failing idea was try. I stubbornly stuck with one iteration on a social network for four years, and I got it so wrong. It's so painful to me to think that I tried one iteration of this, and it was clearly wrong, and I just stuck with it, and I could h…”