software

“Like, software is never done, and software is always bad in the first version of it, and so with the assumption that you are looking at a bad piece of software because it's the first version that someone's built, it is very hard to evaluate a bad piece of soft…”

“Building new businesses has gotten harder, even while software has gotten easier.”

“No, I think it's getting harder, actually. Well, number one is because there's so many, when, back in the Barlow days, this is pre-web, this is software that you print on a disk and ship to humans, so you've got, you know, you're shipping it once a year, so th…”

“Marketplaces are not really usually winning on the software itself. Only if the software helps you find more selection on the demand side or brings you more money on the supply side.”

“Software is not that hard most days. Most of what we build is, and this is why the code gen thing is fascinating because most of what we build is like really low complexity code. Like it's a registration form or something like that. It's not a hard problem. It…”

“I think that there's more to learn from the category of discount retailing than there is, you know, in software than there is to almost any other category.”