Jeff Jordan quotes:
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Airbnb started with 'air bed and breakfast.'
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I've been managing Internet businesses since 1999. That's 12 years of being in the tornado, and it's pretty exhausting. I'll be looking at the next challenge, but in terms of operating an Internet business, I've scratched that itch very well.
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eBay started with a core focus on the collector. At the time of its S-1, six or seven percent of its total sales were Beanie Babies.
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Great businesses can be built on scale. I think Amazon has built a phenomenal commerce business largely on scale. Their network effect isn't obvious to me, but boy, have they used scale effectively.
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I think if you look at the commonalities between eBay, PayPal and OpenTable, all three are businesses that built a network in a vertical. Network effect businesses are very attractive businesses.
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I had a spectacular four years as OpenTable CEO and remain an active executive chairman. I think, for me, some of the interesting observations there are, you know, global is important, mobile is extremely important. And then, network businesses are very attractive.