WeChat

“I think feature facilitating revenue is something that's underrated in the West. Like our sort of business models are kind of either advertisement or subscription, and that's kind of it.”

“WeChat actually released voice messages three years before iMessage, like just to give an idea of like how fast they shipped product in their messaging suite. Like iMessage voice messages came three years later.”

“Like it's only about 10 to 15% of their sort of revenue pie is advertisements. Whereas in the West, you're looking at 98 to 99%, especially in the cases of Facebook and whatnot.”

“WeChat Sort of secret sauce was they introduced audio messages because a lot of Chinese people found the keyboard quite hard to use. And so that's why audio messages sort of took off in the East much more than they did in the West.”

“I think fiat currencies are the problem. I think cryptocurrencies are the solution for it. And that's why I wanted to build something with a cryptocurrency based wallet in it, because I thought that it would enable instantly anyone from anywhere to pay anyone …”

“And so I didn't have any social media. I didn't make any content. I didn't have a website and have an email. You know, people are just talking to me on WeChat.”