Larry Liu

15 statements across 1 episodes · 4 bullish · 2 bearish · 1 people on the record · first statement Mar 18, 2024 by Larry Liu · said 3 times in 2 episodes since 2025 · across every show →

On the record as a speaker too: Larry Liu's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Mei Xu (2), Guy Raz (1)

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2026 2 mentions in 1 episode
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Everything said about Larry Liu, oldest first

Mar 18, 2024
Assertion Not checkable as stated
Liu says eBay side business made $30K to $50K annual profit
“It's probably between 30 to 50 grand a year at the time.”
Larry Liu Mar 18, 2024 ▶ 16:58 Weee!: Larry Liu
Mar 18, 2024 neutral
Insight
Liu: Startup success only buys entry to harder competition against stronger players
“All the success we had basically only earned our ticket to play the next game, and the next game is going to be harder. That's how I felt. I felt it's definitely harder than the early days, simply because we have bigger vision, we have bigger dreams, and we ar…”
Larry Liu Mar 18, 2024 ▶ 1:20:09 Weee!: Larry Liu
Mar 18, 2024 neutral
Insight
Liu: Founders should pivot execution on right goals, but quit fundamentally wrong ideas
“So if it's the right thing and you are just not doing it right, you should not give up. You should try to find a way to do it right. However, if it's not the right thing, You should not try to make it better, because it's not the right thing. You should stop r…”
Larry Liu Mar 18, 2024 ▶ 55:35 Weee!: Larry Liu
Mar 18, 2024
Disclosure
Liu: Weee! Was Initially Self-Funded Using eBay Savings
“So we decided to run the business using our savings from the eBay days and to self-fund the business until we see significant traction, then we can try to raise money.”
Larry Liu Mar 18, 2024 ▶ 33:44 Weee!: Larry Liu
Mar 18, 2024 negative
Insight
Liu: E-commerce arbitrage makes money but creates minimal fundamental value
“It's a good vehicle to probably make some money, but we fundamentally did not solve any problems or create much value.”
Larry Liu Mar 18, 2024 ▶ 21:45 Weee!: Larry Liu
Mar 18, 2024
Assertion Not checkable as stated
Liu: Weee! had under $1 million left by mid-2017
“By mid of 2017, we were running out of money. We had less than one million dollars left.”
Larry Liu Mar 18, 2024 ▶ 47:11 Weee!: Larry Liu
Mar 18, 2024
Assertion Not checkable as stated
Liu: Personally Delivered Over 1,000 Orders to Build Weee!'s Logistics Software
“I delivered more than a thousand orders myself. Because I had to figure out how to do delivery, how to write the software that, how to design the driver experience, and how to figure out the delivery part.”
Larry Liu Mar 18, 2024 ▶ 1:04:09 Weee!: Larry Liu
Mar 18, 2024 neutral
Insight
Liu: Hard work and talent are baseline; ultimate scale depends on luck
“Hard work and the talents are just necessary, but how high you can go, how far you can grow, really has a lot to do with the situations you are in, what happened to you, what people you met, and you can loosely say those are all luck, or fate, or destiny.”
Larry Liu Mar 18, 2024 ▶ 1:23:21 Weee!: Larry Liu
Mar 18, 2024 neutral
Assertion Not checkable as stated
Liu: Automated arbitrage side venture reached $2M in sales with >10% profit
“So at its peak, we were doing about two million dollars in sales and a little more than 10% net profit.”
Larry Liu Mar 18, 2024 ▶ 21:06 Weee!: Larry Liu
Mar 18, 2024 negative
Insight
Liu: Expanding geographically when a model fails locally is a mistake
“Now looking back, we were doing the exactly wrong thing, which is when something is not quite working in a smaller geographic area, we try to make it work in more areas, right?”
Larry Liu Mar 18, 2024 ▶ 46:25 Weee!: Larry Liu
Mar 18, 2024 positive
Assertion Not checkable as stated
Liu: US Chinese immigrants organically organized WeChat grocery group buys in 2014
“So, so first of all, I saw this happening in many different groups, right? Not just this one group. And also, I talked to my friends in other cities in the US. People were doing this in Boston. People were doing this in Seattle. So Chinese immigrants were doin…”
Larry Liu Mar 18, 2024 ▶ 31:09 Weee!: Larry Liu
Mar 18, 2024
Assertion Not checkable as stated
Liu: Weee! reached tens of thousands of users by mid-2015
“So we released the software. I remember it's January of 2015. By mid-two 1015, we had tens of thousands of users already using our software to organize group buys.”
Larry Liu Mar 18, 2024 ▶ 37:30 Weee!: Larry Liu
Mar 18, 2024 positive
Assertion Not checkable as stated
Liu: A WeChat mom generated $10,000 overnight in seafood group orders
“I remember one night, a mom in the group posted some information. She said, oh, I went to this harbor called Half Moon Bay. There was a fisherman's market, right? She said, I talked to this fisherman because I really liked the fish, the Pacific black cod. And …”
Larry Liu Mar 18, 2024 ▶ 29:05 Weee!: Larry Liu
Mar 18, 2024 positive
Assertion Supported
Liu: The Three Early EachNet Sellers Became Weee!'s Co-Founders
“At the time, three of us, actually all, now they are all the co-founders of We. So that was like more than 20 years ago. Three of us, we were just having fun.”
Larry Liu Mar 18, 2024 ▶ 9:55 Weee!: Larry Liu
Mar 18, 2024 positive
Assertion Supported
Liu: Automated e-commerce price arbitrage remains viable across platforms today
“You can still do that today, and you can do, like, even more, right? So now there are, like, cross-border companies. You can actually scrape those companies and list down on eBay.”
Larry Liu Mar 18, 2024 ▶ 20:34 Weee!: Larry Liu
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