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pillpack was a huge huge thing for me yeah bought by Amazon for over a billion dollars
a lot of people say oh oh Amazon not good well Amazon is good here yeah get rid of great for of all the middle players in pharma get Pharma manufacturers to Amazon reduce prices riot I mean it's amazing
one of my mentors in the business the person actually who told who basically blocked the googly
the Mohr davidow partner who refused to let you invest in Google and laid on the tracks and block the Google
you can have a if you don't have a great leader for a company you're kind of toast dead in the water I mean you need the leader for vision drive for persistence for execution that's that's the person that inspires everyone in the company
there's always room for improvement and for a breakout success even in a category that's crowded
there was one person who basically laid down on the railroad tracks and said these guys are totally arrogant who needs another search engine oh these guys these guys won't take coaching literally there's one person in the room who's basically destroyed the Google bet thank you completely blocked it just blocked it yeah in front the train said over my dead body were not doing this and the reason given is Larry and Sergey are arrogant arrogant won't take coaching and who needs yet another search e
you look at PayPal and now it's like stripe and square and cryptocurrency yeah they were that was like a version of crypto right which is it was the pre crypto version which was how do we replace fiat money
I thought it was too early yeah and it was we didn't invest Oh brutal and this is a case in venture where you can be right and wrong you can be right conceptually but absolutely wrong in the financial outcome so you're right it's too early for a bank but they still won because they pivoted and iterate because they merged with con finiti right
Elon was smart enough to take cash yes a hundred million off that it was like a three hundred million dollars I mean it was less less yeah I'll let him tell you right but that was the first that was where he got his first chunk of cash and then he started XCOM yeah which merged with you know Peter MPL and David sacks and Max's Max leviton's infinity right you know which was their idea about using replacing fiat money right
David Sachs came up with the product idea let's just email each other money as opposed we're just becoming the payment method right for eBay right and then they really had something