Hamilton Helmer: belief

Transcript context

…Which is so funny. Like we talked about earlier of Slack, Salesforce, Microsoft, and Teams right now, I haven't studied either have the businesses, but I would expect that despite all the ballyhoo about all of it, neither Slack, Salesforce, maybe Teams for Microsoft is, but are not huge, transformative, incremental drivers of profits for those two parent companies. I think a non obvious point of all this is that if you're thinking of doing something new getting into stuff, that understanding business definition is critical. Which is to say, into what areas does your current power umbrella extend? You got to understand that. Then the next one is the point that Chenyi made, which is that expansion into areas where the umbrella extends is radically more attractive than starting something utterly new. I'll add to that, that it's not good to have. If you understand the power umbrella, it's bigger than what you currently offer. If you ignore it, you actually are creating competitive openings for somebody else to take on.…

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