Misc

When that 15B happened a few months after Facebook Platform and Gates said something along the lines of, “That’s a crock of shit. This isn’t a platform. A platform is when the economic value of everybody that uses it, exceeds the value of the company that creates it. Then it’s a platform.” — Chamath Palihapitiya
from Alex Danco on Invest like the Best re: Shopify
- That's the life for everybody and to the extent to which we are willing and able to do this, because we really believe that we are setting merchants up to succeed so much, that we will capture the success of their first and second derivatives of their success in a way that makes the initial CAC that we pay for it seem really small.
- And then the first derivative success starts to compound, which is we make money processing your payments and giving you loans. The second derivative success starts to compound, which is this ecosystem around you makes money because they're doing things for you, and then we help that grow.
[Epic Games on expanding TAM]
[Stripe on expanding TAM of the Internet]

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