The Uber - Didi Chuxing Merger with Brad Stone, author of The Upstarts & The Everything Store | Acquired Podcast

“The principles and math were on our side, and I realized early on that this was a company where you can carry the day when you have the principles and math on your side, and you are patient and tenacious.”

We decided to take the money because we saw the opportunity and had started seeing competitors. Bitbucket had come up and was doing exactly what we were doing, but trailing behind by a year or so. And so we’re looking at that and thinking about other competitors that would come up and wanting to be able to hold our edge and keep innovating. We had

After a couple of years of explosive growth and gladiatorial competition, the manic production of new O2O models cooled off. Many overnight O2O unicorns died once the subsidy-fueled growth ended. But the innovators and gladiators who survived—like Wang Xing’s Meituan Dianping—multiplied their already billion-dollar valuations by fundamentally resha

The new strategy would result in years of tension between various divisions, between Amazon and its suppliers, and between industry trade groups and the company. Bezos didn’t care about any of that, as long as it offered more choices to customers and, in the process, gave Amazon a greater selection of products. With a single brilliant and nonintuit