Evidence receipt / evaluation
Published · transcript-backedBen Gilbert: evaluation
16 Jul 2020 Acquired Pinduoduo
“At first, I thought Costco and Disneyland were going to be the hook, and then I realized all the stuff around it is actually far more absurd.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- evaluation
- Recorded
- 16 Jul 2020
- Publisher
- Acquired
- Episode
- Pinduoduo
Transcript context
…Ben, it's like you're reading from my history and facts there. I figured you want to pull back too. Unbelievable. Absolutely unfathomable. At first, I thought Costco and Disneyland were going to be the hook, and then I realized all the stuff around it is actually far more absurd. Listeners, of course, we are talking about the Chinese ecommerce company, Pinduoduo. Why is this a fascinating company? First off, it's only five years old. They went public on the Nasdaq 2 years ago in 2018 three years into their existence. They are the fastest company ever to $100 billion market cap, and they've nearly tripled in value since the coronavirus spiked globally mid-March. Almost all of that market cap or two-thirds of that market cap created in the last few months. It must be a distributed network of intelligence agents there doing that.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.