The Ledger
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Gil: Facebook used email scrapers and European name ads to acquire users
“So with Facebook, that was email scrapers, and it was, you know, they were literally running ads against people's names in Europe to try and acquire European users, for example.”
Gil: Google spent hundreds of millions yearly on Firefox and Adobe distribution
“And so examples where people were very aggressive about distribution with things like Google, where they were spending hundreds of millions of dollars a year on things like Firefox, having Google prominently displayed on its homepage. They literally paid for, …”
Gil: Coinbase hired legal and compliance in its first 10 employees
“Coinbase is an example of that, where they hired somebody of that profile, I think in the first 10 people or so, and so they were always focused on being regulatorily compliant.”
Gil: Microsoft essentially bootstrapped via customer fees until its pre-IPO round
“Microsoft actually used to do this in the early days and they similarly never had to raise funding. They took one round right before they went public because of a relationship, but fundamentally they just bootstrapped.”