Alfred Lin

28 statements across 2 episodes · 10 bullish · 7 bearish · 1 people on the record · first statement Jan 21, 2025 by Alfred Lin · said 1 times in 1 episodes since 2023 · across every show →

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

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Everything said about Alfred Lin, oldest first

Jan 21, 2025 bullish
Insight
Lin: Slightly overpaying for the right company beats buying cheap assets
“It's the same as true in the, in investing in private companies. It's still much better to pick the right company and slightly overpay than to invest in something that is cheap.”
Alfred Lin Jan 21, 2025 ▶ 1:40:14 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025
Insight
Founders should hire leaders one or two chapters ahead, not ten
“My observation is that when you try to hire someone that is from a company that is one chapter or two chapters ahead, they tend to work out better. And part of that is because they're only one or two chapters ahead of you. If you try to hire someone who you're…”
Alfred Lin Jan 21, 2025 ▶ 41:32 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 positive
Insight
Lin: Leaders must categorize turnover into regrettable versus unregrettable departures
“You have to manage the turnover of regrettable. What is a regrettable turnover? Why you're not, Able to retain your best people. And if you have unregrettable turnover, then why did you hire these people in the first place? And so you, if you break the problem…”
Alfred Lin Jan 21, 2025 ▶ 40:38 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 neutral
Insight
Lin: Investors Afraid of Tech Incumbents Should Leave Venture Capital
“In the history of technology investing that I've been involved with, if you're afraid of the incumbents, you should just punch out.”
Alfred Lin Jan 21, 2025 ▶ 1:45:53 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025
Insight
Company speed naturally slows down without continuous pressure from leadership
“Velocity as opposed to speed, because speed is just how fast you're going. But velocity, velocity also has direction. And I think the combination of the two is quite important. But the whole speed of a company generally doesn't get any faster unless you're pus…”
Alfred Lin Jan 21, 2025 ▶ 22:51 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 negative
Insight
Lin: Firing an employee within three months signals a hiring failure
“If you hire someone, you have to let them go in three months, that was a messire. There's almost no reason why that person was not going to be able to do the job for the, for three months. They either were not a cultural fit, they didn't have the right skills.”
Alfred Lin Jan 21, 2025 ▶ 39:11 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 positive
Insight
Lin: Applying operational force surfaces structural bottlenecks in high-growth companies
“Often, you know, when you apply force, you realize where the obstacles are. Because you butt against that obstacle. And then you realize, okay, I keep butting against this. Maybe you have to figure out a way around it.”
Alfred Lin Jan 21, 2025 ▶ 25:07 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025
Assertion Supported
Airbnb held $3 billion in cash against $4 billion in customer deposits
“We have three billion dollars of capital on the balance sheet at Airbnb, but we have three billion dollars or four billion dollars of customer deposits.”
Alfred Lin Jan 21, 2025 ▶ 1:19:26 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 positive
What-if
Investors who sat out the 1999 bubble missed Google and Salesforce
“And if you decided not to invest in that time, you would have missed out on Google, Salesforce, PayPal, Zappos, OpenTable. There are a lot of great companies that were still founded during that time, and Paying market prices for those investments would have be…”
Alfred Lin Jan 21, 2025 ▶ 1:38:45 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025
Assertion Supported
Lin: Airbnb raised debt during COVID to avoid a down-round valuation
“We're going to raise money, and we're going to do it in a way that doesn't burden previous investors. So we're not going to raise money at a low valuation. We're going to raise debt.”
Alfred Lin Jan 21, 2025 ▶ 1:19:06 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 negative
Assertion Not checkable as stated
Many AI startups see massive initial adoption but suffer terrible user churn
“Right now there's a different example where lots of, there's a lot of test revenue, but the churn is very high because people don't stick, so there are a lot of things where You see very, very fast adoption, but the churn rate is very, very poor.”
Alfred Lin Jan 21, 2025 ▶ 1:45:03 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 neutral
Insight
Lin: Early Airbnb functioned as a listing service rather than a true marketplace
“Maybe in the early days of Airbnb, I think people forget it was much more of a listing service, and it was less of a marketplace, and if you sort of take the definition of a marketplace, you have to complete the transaction, and you just not only have to compl…”
Alfred Lin Jan 21, 2025 ▶ 25:40 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 neutral
Assertion Not checkable as stated
Zappos's most valuable customers also had the highest product return rates
“We then did this analysis and this is the type of analysis I really enjoy doing, like, let's take our best customers, and let's take our worst customers, and look at their return rates, and it turned out our best customers at the highest LTVs return the most”
Alfred Lin Jan 21, 2025 ▶ 51:45 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 positive
Insight
Sequoia Capital prioritizes an employee's learning slope over their past experience
“At Sequoia, we hire for slope, not intercept. So experience obviously matters, but if you just hire for the experience and their slope is not fast, that's going to become a problem at some point. And so we really, really ask founders to think about what is the…”
Alfred Lin Jan 21, 2025 ▶ 36:50 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 positive
Insight
Lin: Companies must create an annual plan to evolve their culture
“Cultures should not be static. Every year you do a strategic plan and a financial plan. You figure out what your next year's revenue is going to be. You're hiring a plan. You're marketing a plan. You have all these plans. You should also have a plan for cultur…”
Alfred Lin Jan 21, 2025 ▶ 1:00:02 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 positive
Insight
Lin: Scaling fringe startups into mainstream businesses requires removing user friction
“Many great companies start out as a fringe sort of activity, and you have to figure out how to make it more mainstream. Often that is about removing obstacles are removing friction.”
Alfred Lin Jan 21, 2025 ▶ 26:55 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 positive
Insight
Alfred Lin: Free cash flow provides total strategic freedom for startups
“Free cash flow equals freedom, because eventually a real business generates real free cash flow. ... The freedom that allows you to not have to raise money, the freedom to allow you to invest in new areas, the freedom to continue to grow, because you can inves…”
Alfred Lin Jan 21, 2025 ▶ 23:50 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 negative
Prediction Not checkable as stated
Startups building incremental AI refinements will become roadkill for Big Tech
“Other things that, you know, I'd say we try to avoid is things that are roadkill along the way of a company like OpenAI or Google or Amazon or Meta. So, small refinements into what the model doesn't do well today. That's just gonna be real cool along the way.”
Alfred Lin Jan 21, 2025 ▶ 1:44:31 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 positive
Assertion Supported
Amazon leadership originally conceived AWS as a low-margin infrastructure business
“They didn't think this was a, this is a high margin business. They thought of it as like, ok, this will be a low margin business too, and we like low margin businesses.”
Alfred Lin Jan 21, 2025 ▶ 1:08:55 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025
Insight
Lin: Outside Questions Expose Flawed Assumptions When Inside a Bubble
“So, that's why I think it's valuable to have people who are slightly outside of where you work to keep you accountable. It's like, hey, how's this, how does this work? Just by simply asking questions, you get into a situation where, like, wait, I can't explain…”
Alfred Lin Jan 21, 2025 ▶ 21:30 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 negative
Insight
Building early-stage startups remotely is extremely difficult without prior shared history
“I think it's very, very hard to build an early stage company remote, and the reason I say that is unless you, you've worked with each other before, I view there to be a well of trust that is created when you work together in this, you know, the reason why peop…”
Alfred Lin Jan 21, 2025 ▶ 1:31:11 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 negative
Insight
Lin: Having ten core values fails because most employees only remember two or three
“The problem with 10 is that there are probably a handful of people that remember all 10. Most people remember the first one or two or three of them”
Alfred Lin Jan 21, 2025 ▶ 57:11 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 bearish
Assertion Partly supported
Lin: Airbnb lost 80% of its revenue when the pandemic hit
“You have a business that went from a business that was growing 2030, 40% a year to a business that declines and you lose 80% of your revenue.”
Alfred Lin Jan 21, 2025 ▶ 1:16:57 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 positive
Assertion Not checkable as stated
Lin: DoorDash faced difficult Series C and D rounds before fixing unit economics
“They grew very fast, they probably grew too quickly their unit economics wasn't great, they had a few hard fundraising rounds for the C and D, they fixed the The unit economics. So in 2019 it was a walled oiled machine”
Alfred Lin Jan 21, 2025 ▶ 1:24:45 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025
Insight
Lin: Strategic Planning Should Include Retrospective Reviews of Past Decisions
“I don't think enough companies look at that enough. You know, instead of projecting next year's revenue and next year's strategic plan, part of the strategic plan should be about looking backwards. What decisions did you get right? What decisions did you get w…”
Alfred Lin Jan 21, 2025 ▶ 1:04:56 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025 negative
Opinion
Alfred Lin argues all companies should require returning to the office
“So, I think all companies should go back to being in the office a certain number of days a week. It doesn't have to be five.”
Alfred Lin Jan 21, 2025 ▶ 1:33:06 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Jan 21, 2025
Insight
Lin: Scaling Companies Must Prioritize Decision Velocity Over Process
“Like, the process becomes, instead of making fast, good, fast decisions, the thing that people value is having a good process that slows you down to make sure you have the right decision. You have to make high-velocity decisions at scale.”
Alfred Lin Jan 21, 2025 ▶ 1:03:55 How to Win by Being Right and Contrarian: Lessons from Zappos to DoorDash
Dec 23, 2025
Insight
Lin: Sequential to-do lists fail without high-level prioritization
“Often we can create a very, very long to-do list, and then you've got to pop up a level and just look at the to-do list. What's the most important things I have to get accomplished? Because if you just list all the to-dos, you probably will not be able to get …”
Alfred Lin Dec 23, 2025 ▶ 2:48 Be Your Best in 2026: The Most Important Lessons from The Knowledge Project (2025)
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