“The Market has to be huge because everyone makes mistakes. You never quite get it right the first time. I believe that the Internet is very efficiently arbitra

“The Market has to be huge because everyone makes mistakes. You never quite get it right the first time. I believe that the Internet is very efficiently arbitraged. Anything you can think of has been thought of and tried. The only way you’re going to find something is if you stick to it, at an irrational level and try a whole bunch of things. Companies that don’t do giant pivots are always doing micro pivots. “You need a large enough market that you can pivot in and you still have a customer base. Another related point to that is – it’s just as hard to build a large company as it is a small company, so you might as well build a big company. It’s roughly the same effort.”