marketplace

“A lot of the thesis we have with crypto blockchain is that a similar thing will happen with internet services in the same way that almost all software today is made by a group, a community of people who get together and build something. We think the same thing…”

“And I created a set of euristics, essentially four decision criteria That I use to value companies in one hour. In one hour, I would decide, do I invest yes or no?”

“Most often you should start with the supply because the supply is financially motivated to be in the marketplace.”

“I mean, it's pretty insane how similar the marketplaces play out, whether you're in petrochemicals or oil sources workers or an Uber type marketplace.”

“And there's nothing as undervalued as a marketplace that has found part of market fit.”