Benedict Evans

So, there's a couple of things to unpick here. First of all, I think you have to look at news and music together. Okay. Because that's the first I'm hearing that's well, it's a simple it's a similar because both of what both of them both of them are saying. Look, here is this database of a million things you could read, which is Google, or a million things you could listen to, which is any generic commodity streaming library, Spotify or Google Music, or, you know, iTunes. If you had just added s

you have a surge in large rounds for big, well-developed, relatively mature companies, Uber, Airbnb, and so on. Those rounds tend to be led by what you might call nontraditional investors. So, hedge funds, private equity firms, mutual funds as opposed to classic venture funds.

Look, here is this database of a million things you could read, which is Google, or a million things you could listen to, which is any generic commodity streaming library, Spotify or Google Music, or, you know, iTunes. If you had just added streaming and forgot about it, fine. What am I supposed to read? What am I supposed to listen to? How am I supposed to know what to read or to listen to? Where do I start? Yeah. And going to Google and saying, 'What should I read?' Or, 'What do I listen to?'