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David Sacks: SaaS Metrics, Tech Cycles & Fundraising in a Down Market
"World of DaaS"
The Two Things That Don't Scale Advice
I think they respect each other and it's amicable enough. I don't like the idea of a firm, really trying to do things that don't scale. Airbnb might be a very narrow exception where you need to somehow generate the initial liquidity on the marketplace. If there's no houses for rent in the market, how's anyone going to rent one? So generating the initial supply is something that has to be bootstrapped.
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