Are You Saying They Ran It Too Fast?

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I think checkout has super thin margins and so even if your payment volume is super high I think it's actually hard to build a big revenue business. To me malfizans on the part of the board the investors and the founders and the management team For them to run a company at this level of speed With no breaks no guardrails. No trans no alignment on the car. Are you suggesting they ran it fast? They ran it very fast too fast in fact, he says. He adds that there's something wrong with the founder here because somebody did a tweet storm about his history and he's got a loss.

First, Ben Gilbert and David Rosenthal from Acquired join Jason to talk portfolio construction (13:41), Roelof Botha succeeding Doug Leone at Sequoia (30:58), and to debate the takeaway from Fast's demise (52:22). Then Lon Harris from Inside Streaming joins to discuss the final two episodes of The Dropout (1:24:16)!

(00:00) Jason intros today’s show
(1:31) Catching up w/ the http://acquired.fm guys: David Rosenthal and Ben Gilbert
(12:25) Fiverr - Sign up for https://Fiverr.com/Business free for the first year and save 10% on your purchase with promo code JASON
(13:41) Ben on investing in tech
(21:39) Ourcrowd - Check out the deal of the week at https://ourcrowd.com/twist
(22:46) How David thinks about his capital allocation
(29:41) Notion - Get started for free at https://notion.com/thisweekinstartups
(30:58) Talking about Doug Leone’s retirement
(52:22) Talking about the elephant in the room: Fast.co shutdown
(1:24:16) Talking with Lon Harris about the finale of “The Dropout”

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