Bryant Wu

In a world where's there's infinite capital, the real scarcity is actually trust

I would shorthand a venture investment as TAM, team, and to a lesser extent timing. It's really about TAM and team

One of my fundamental insights along with Lloyd Frank, who's my co-founder at Zillow, and was at Microsoft, and Expedia, and Zillow with me as well, was that a regular person armed with a connected PC that's plugged into the internet was going to in effect, storm the best deal. Was going to be armed with a weapon to tear down every wall that separa... See more

Typically, a true economic effect is usually seen through average revenue per user going up (even adjusted for engagement) due to increased conversion rates largely due to the data network effect.

sometimes as an entrepreneur, you have to over-index to courage. You have to think about the world that you wish to exist, not the one that does exist. As investor, I'm constantly looking at distribution of probabilities, that those outcomes will in fact be achieved.

Chen talks about how Network effects aren’t one singular effect, but rather made up of three distinct forces:- The Acquisition Effect which allows products to tap into their network to drive growth in users more cheaply as the network grows- The Engagement Effect which involves user engagement going up as the network grows- The Economic Effect whic... See more

Apoorva's superpower is optimization. He's just said, "These are the 19 things we need to accomplish to make the unit economics work. And I'm halfway on this one and just laid it out."