Acquired / episode intelligence
Speakers in the public record
Claim mix
Evidence policy
Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.
Claim ledger
14 published records
01 / commitment
“We thought a fund quota and the topic of this show is the Shopify IPO, which we will grade in a minute, but a fund quota is sort of catch us up today, who we thought would be.”
02 / belief
“The way that I think about it is timing that this company, the market for people selling things directly on the internet or, let’s expand and say, selling things directly both on and off the internet actually expanded dramatically in the years after their IPO.”
03 / belief
“We talk about this a lot on the show. We think about this a lot as venture capitalist.”
04 / belief
“To give folks an idea, Moment makes these really, really beautiful and really quality glass lenses that do telephoto, that do wide angle. That’s the two that I brought, but they have a series of other lenses too that really turn your phone into a camera that you thought it could never be, and do some really cool, I would say effects, but it actually uses physics and optics to change the light that’s hitting the sensor on your phone.”
05 / evaluation
“He's an amazing, amazing engineering leader and it really leads to them being able to attract incredible talent in that first set of employees because the set of really talented technical people, many of them who had been open source contributors to the Ruby on Rails project were dying to go and work with them.”
06 / commitment
“I believe still to this day, in interviews, Tobias said he has veto power on any shipping any feature that is built at Shopify.”
07 / recommendation
“I keep them in my backpack and I just use them in daily life and I can’t recommend getting some Moment lenses enough.”
08 / belief
“To give you a quick sense before we dive in, he tweeted last year, “I firmly believe that I learned more about building businesses from playing Starcraft than I've learned from business books.”
09 / evaluation
“If we think about the value of doing the IPO and doing it when they did, to me is just immense. This is an A bordering on A+ because you could argue against it that they IPOed too early before this massive expansion and perceived expansion in the market, and thus they could’ve taken less delusion had they gone public later.”
10 / evaluation
“I think that came out a couple of years later, but percolating around in these Rails internet communities is this idea of free software, freemium, and building business models around that and they think like, “Okay, yeah, great, let's make this freemium and we should have it no-barrier to entry, anybody can set up a store and just start selling, and then we’ll just take a cut of the merchants transactions as they sell.”
11 / prediction
“Back in 2013, that was probably G-Whiz, you think today about all of these D2C brands out there that now all of these, you can’t even call them D2C brands or internet brands anymore because they have physical stores in major metro areas around the world.”
12 / recommendation
“I’ve recommended so many episodes of Invest Like the Best that it’s literally the one I have a strike through that one.”
13 / prediction
“0 is starting to become a thing, people are becoming more comfortable buying things online, Amazon's been a public company for a while now, “what if we just started a website to sell snowboarding gear and of course, because we're really elitist about this, we would never ride on mass-market stuff that you could go buy at Sports Authority or something, let's use the power of the internet.”
14 / evaluation
“Obviously, the reason that this worked well is because there are things that you can charge more for as people develop bigger and bigger businesses. It's not every single, I don't know the biggest business on Shopify, but there are enormous businesses on Shopify, they're not just paying $29 a month.”