Hamilton Helmer: evaluation

Transcript context

…I like that. That's a good transition to the last question. What are you working on now? What's next for the seven and maybe more powers to come? First of all, I would love to find another power. So far, I haven't. Every company that we deal with faces this question, eventually. Okay, if I'm successful, I've established a company with power. What's next? So, act two. What I'm trying to figure out is, do we have anything that's interesting and valuable to say about that? From the first step of it, I think we do have something which is to be a little more forthcoming about some of the subtleties about what really comes under a power umbrella. I'll give you an example. A natural place to go would be geographic expansion. Let's go into another market. It turns out if you think of that in power terms, you get very different answers. If you think about Uber going into a different geography, it doesn't matter because the economics are physical density scale economies. If it turns out there is high branding and there are a lot of foreign visitors, better but it doesn't matter. Or impossible to build that fixed cost technology asset.…

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