On Ecommerce and Marketplaces: Look for 1. Positive unit economics on the product, positive contribution margins on products sold. 2. Logistics: how long does it take to get to you? Will people pay for convenience. 3. Ability to browse as a human and connect, products that delight the customer, 4. Hooks the customer going forward, 5. The future is... See more

So I think Facebook runs into the challenge of, "Okay, we're trying to shift people into stories, we're trying to shift people into the marketplace, we're trying to get people to use messenger and build this WeChat-like ecosystem within our messaging product. But our Feed makes so much money, it's on autopilot right now, so how do we make that... See more