One third of the economy goes through 'QuickBooks' in terms of businesses invoicing other businesses. Each invoice contains a connection between vendors, suppliers, and customers, and also the price of that connection. Representing the payment graph is huge opportunity and something no other company can do.
I'm a believer. I'm one of the few standing before you today from a large financial services company that has not given up on digital currencies.
When I was first started, when I was eighteen, I wrestled for a company that had a very hardcore fanbase and demanded a lot from its wrestlers. So, every single match, I would do every move possible. I would land on the concrete floor; I would land really high on my head just to try to impress the fans.
We could have gone with much bigger labels and more money, but we wanted to go with a company that is LA based, all in the same building, and really understands what the artists want.
Before its immature ways caught up with it, Uber got bigger and went further than Webvan ever did. But it bleeds money, courts controversy, and makes enemies like no company Ive ever seen.
As China's retailing champion, Alibaba makes Amazon look like a company that carefully picks its spots. Sure, Amazon does e-tailing. So does Alibaba.
Cannibalization is by far the most difficult feat any established, successful company can pull off.
My first joke was about a company called Five Star Parking that was all over Philadelphia: 'Who's reviewing parking lots?'
Before I started WeWork, I owned a baby clothing company based in Dumbo, Brooklyn.
Blip.tv is growing its audience by forming partnerships with traditional TV manufacturers and a new breed of company in the set-top box market that lets consumers connect to the Internet via their televisions.
Misery loves company, but company does not reciprocate.
We have a company, Geometric Software, which is into engineering services software. We have a company called Nature's Basket, which is into gourmet retailing. Both are specialized companies.
What's the word to describe the thing that all of us are trying to do, which is to found or work for or invest in a company that is the winner of all winners?
When we exited the textiles business, we paid our bankers and labourers. We must have been the only company to do that.