“The great thing about big incumbents is they have a tendency to overpay for anyone that seems like a threat. You don't have to go public and be Google. You just might want to be a company that Google acquires.”

Welcome back. Question number three comes from it's Christian Reese on Instagram. How do you build a meaningful product and service in an industry dominated by incumbents? Hmm. Thoughts?

…first, the second, or the third best company. Um, so you don't, and he even says, like, you don't even have to be better. His, his happened to be different and better, but you can build a business just by being different. So, that would uh, I think that's the way that he would answer that question.

I agree with your point wholeheartedly. This idea is like, I'm going to put it on a whiteboard. I'm going to be like, oh, this is the TAM. Sam Walton is a perfect example. Obviously, he gave away the equity to his kids before it was valuable. But if let's say, you know, all the wealth came from one…

We'll be right back after a quick break.

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