Speed, distribution, brand, a great founding team, and lots of funding—these are all fuel. They get the car moving in the right direction. The four compounding advantages are what it looks like when the car starts rolling downhill on its own.
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Podcasting started as a niche-nerd pursuit. Now it's a $9 billion industry. Is that a lot?
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The banks were making so much money and were so profitable and had so much political power that nobody was able to change them. And the reason we were able to disrupt them is that we came from the outside, we had no legacy, we had no branches, we had no mainframes, we had no employees that were used to a certain way of doing things.
David Vélez — Invest Like the Best with Patrick O'Shaughnessy