Hamilton Helmer: prediction

Transcript context

…It's not disruptive in terms of Christensen's philosophy was low end. This is like an objectively worse product. Yeah. You're going back to Christensen's original book, which I think is the more interesting one, where there's a product that doesn't satisfy everybody. You could argue that Tesla's first cars were like that. The other direction is that if something is a disruptive technology, it may not be counter positioned. That's straightforward. The fact that they don't map to each other, and the fact that power maps directly to value, or there's a one-to-one mapping between power and value, that means that disruptive technology does not map to value. The simple thing about that is you can disrupt something and it can be a really lousy business. It happens all the time. You poison the well, but there's no good endpoint for it. We may be overly quoting Gurley here, but I think I saw a recent tweet, something along the lines of there is an infinite amount of product/market fit for selling dollars for 90¢. Hamilton. Yeah. Just pricing something so that people are attracted to it. Losing money, there's no power there.…

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