Uber

“And it was just so interesting to see the complete lack of understanding of the policies and the regulations, whether it was in Europe, Saudi Arabia, you name it. And they were just like, we're just going to do it the American way and it will stick. And you're…”

“It's not Facebook can turn the Facebook messenger into a universal account application that subsumes everything else on the store. It's yes, if you were to work out the right way of adding three things to Uber, that might work.”

“There is that sort of slightly interesting sort of actually quite narrow view in Silicon Valley of what you can and can't copy. And also it's only goes on some axes, even in Silicon Valley. So no one would say like, you know, if you're doing a two-sided market…”

“Like, it's all about a very, very small narrow margin, and that's also the story for Amazon, and it's a story for grocery delivery, it's a story for all these one-hour grocery things, it's a story for restaurant delivery, it's a story for dark kitchens it's a …”

“And the thing about, talking about this with the internet, like the internet is completely interoperable, At the lower levels of the stack with IP and HTTP and SSL and so on. But once you're in the browser, like if you're building Amazon, you don't need to wor…”

“Uber is now at a five hundred million dollar run rate, and everyone, obviously eBay and Pinterest and Etsy want to do this, but also people like Target want to do it.”

“Uber has half a billion dollar ad business and there's other things besides that.”

“There was a valuation professor who notoriously did an analysis of Uber kind of 10 years ago, where he said, you know, the valuation of Uber should be based on the fact that its TAM is the size of the taxi market, and this is, I'm going to work out the size of…”