"Here’s the formula if you want to build a billion-dollar internet company," he said. "Take a human desire, preferably one that has been around for a really long time...Identify that desire and use modern technology to take out steps."

Here's the formula if you want to build $1 billion Internet company because I know that's what people come to XOXO to learn. It's simply this, identify a human desire, preferably one that's been around for a really long time. We often think the Internet enables people to do new things, but people just want to do the same things they've always done.... See more

Read this if you want to build cash-flowing internet companies. Full-time or part-time. These busineses aren’t depending on giving ad dollars to Mark Zuckerberg. These types of companies don’t necessarily need VC. Idea #1 - The playbook for building a company in... See more