What kinds of actions did that mean when you were at eBay operating to try to promote price discovery or price equilibrium or something like that? What were you literally doing? Jeff: The most interesting thing is early on we try all these initiatives that we baked on our own and debuted the community. And we found out the leverage was way more to ... See more

What I try to look for, and I'll tell you how I look for these things, but I try to look for companies that are early and inevitable. This is the combination of words that I think about. Stripe did an amazing job of this.Their mission is to increase the GDP of the Internet. Cool. Most people probably believe it's inevitable, that the GDP of the Int... See more

For me, at least in this space, even from the beginning, I knew that parts of it were against the odds, and so, what I mean by that, is if you know the category that I’m working within is childcare, it’s already an inherently margin challenged kind of category. What I mean by that, what parents are willing and able to pay for this kind of work, and... See more