Ben Gilbert: belief

Transcript context

…That is the bet looking at through the lens that you posited of a purely financial investment perspective. Yes. The second way is actually financial, too. I think there’s probably a third more emotional way. The second way though is if you’re Mark and you constantly live under the thumb of platform control, you’d do almost anything to get out of it. That’s not irrational. Apple made a $10 billion dent in their revenue just two years ago with ATT. They could—I don’t think they would, but they could—at any given moment just pull you out of the app store and you’d have little recourse. That is an existential business risk. It’s an unlikely one, but every day you could wake up and all of your access to all Apple customers could be over. Which, by the way, we haven’t talked about it, but Google could do the same thing.…

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