Eugene Wei – Tech, Media, and Culture - [Invest Like the Best, EP.117]

The best salespeople actually try to understand the client and what their needs are first, and then they adapt their story to that

I still think video has a lot of room to penetrate a lot of markets that we currently still rely heavily on text for

I think one of the most powerful things that any business can do is to clearly figure out why their growth flattened and why certain people don't use your product - it's often very different than what you think

I have this core thought that almost everything in the world could be fixed by tightening feedback loops

Everyone now has to figure out with their content how to compete with every other form of entertainment

Today with content, at any point in time you are competing with what's on a person's smartphone. This means that formally different lines of business and different industries now compete head-to-head.

Young people realize that communicating quickly is most efficiently done by a photograph or video and not by writing text....They say a photo is worth a thousand words - there's some truth to that.

What the internet and social media have done essentially is increase the surface area of status seeking to the digital realm and virtual realm, and vastly expanded that surface area.

I just think if your best ideas are locked away in some dense textbook, by its very nature it's not going to reach a lot of the audience you want it to