Evidence receipt / evaluation
Published · transcript-backedBen Gilbert: evaluation
3 Aug 2016 Acquired Waze
“Especially with network effects. Of course you get more value out of it, everyone's using it because it's free.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 3 Aug 2016
- Publisher
- Acquired
- Episode
- Waze
Transcript context
…Exactly. We’re all cheapos in various ways. But that’s the thing about how you can get this “winner take all” markets and what you need to tip the market in your favor is you need to… Like I love the Jeff Bezos quote at the Code Conference this year which was one of our Carve Outs a while back. There’s this thing he says, I think it was either Kara or Walt was asking him about Prime and he’s like, “I wanted Amazon Prime to get to the point where it would be irresponsible not to be a Prime member because you’re getting so much value out of it.” That’s what this is here is like it would be irresponsible to pay for Hipstamatic because you get more value out of Instagram and it's free. Especially with network effects. Of course you get more value out of it, everyone's using it because it's free. Exactly. Network effects, they’re a beautiful thing.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.