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Pinto Oduo - What's the Positive Eye of Saron Rat?
The platform can be much more opinionated on where it s its traffic. It's bad in the sense that you don't get to build that direct connection with audience. But when the eye of, i don't know what's the positive eye of saron rat looks favorably upon you, it can buy a whole bunch of stuff all at one. On the supply side, who do they start attracting with all this demand that they can channel? The manufacturers themselves....
We kick off Season 7 with a bang: Pinduoduo, the incredible five year-old Chinese mashup of "Costco and Disneyland" (as self-described in their IPO prospectus) which recently became the fastest company ever to pass $100B market capitalization. What makes PDD so special, and how were they able to enter a market that everyone considered "already won" and disrupt massive entrenched competitors Alibaba and JD.com? This story is chock-full of lessons that apply not only to China tech, but to high-growth company building and investing everywhere.
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