nicole

Don’t ship crap.

[6:22] Once something is too painful or not fun or not enjoyable I just stop... we're done, we're taking a break, we're moving on.

They’re global companies in a market where it’s really not clear that being global gives you that much of an advantage.

…the path to establishing that kind of persistence is not linear, there's a step change. There's a period when a company can establish that, and that window often closes, if you will. It's the kind of business that you're so familiar with. It's in the earlier stage.

“A startup should only launch for one of three reasons: number one, either you need more users or customers to sell to. Number two, you need more capital to spend. Or number three, you need more candidates to hire.”

…Both Tencent and Alibaba, the sponsors of these ridesharing companies realized that the next battlefield in this longstanding war between the internet giants in China is going to be mobile payments. And that the taxi companies, the ride-hailing companies are ways to spur payment value with mobile payments. So they start to kind of use these two... See more

No. But somebody raised a great point to me that the world’s sort of shifted and now Instagram is a museum. Instagram inherently, I put less content on it because it’s like a showcase and it reflects on me forever. And when you go to Snapchat, my response to Snapchat, it’s like a crowded bar. There is content flying everywhere; it’s lose, it’s fun.... See more