There is a sharp distinction between investor positioning and customer positioning; confusing the two is one of the most common mistakes founders make. While the board wants a grand vision of the future, buyers simply want a reason to choose your product to solve a specific, painful problem today.
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The history of Uber is really the history of navigating chaos. And I think what we've learned is that the chaos is actually a feature, not a bug. Because the chaos is what creates the opportunity for a company like Uber to come in and bring order to a market that didn't have it.
Dara Khosrowshahi — Invest Like the Best with Patrick O'Shaughnessy
whenever anyone asks, I would say that there would be no Uber today as it is without Travis and how he was. You know, when many cities, governments, regulators are saying this is a legal stop, to have such steadfast belief that this was going to be good for riders, good for drivers, good for cities, and to still push on with that belief
AJ Tills — The Business of Tech
Three years ago Google looked hapless, scrambling to respond to ChatGPT, while Microsoft, thanks to their groundbreaking partnership with OpenAI, looked on top of the world. Now Google is pulling away in terms of market capitalization, which makes their decision to issue equity to Berkshire Hathaway a curious one.
Ben Thompson