David Einhorn Quotes

People are going to copy your product if you build great stuff. Just because Yahoo has a search box doesn't make it Google.

I don't think anyone is better than Amazon, and all the new generation of enterprise companies are basically copying them.

I think Microsoft will have to change. I think that the business of Microsoft, the company of Microsoft, is going to continue to succeed. But I think the business model of Microsoft is going to have to change.

True disruption means threatening your existing product line and your past investments. Breakthrough products disrupt current lines of businesses.

Except in very narrow cases, where there's breakthrough science that needs patent production, worrying about competitors is a waste of time. If you can't out iterate someone who is trying to copy you, you're toast anyway.

When we look at investing, we always think about 'how defensible is this, how likely is it that somebody is going to copy this.' E-commerce tends to be something easy to copy because it's execution.

Even when early innovations start to succeed, it is not uncommon to see growing businesses sabotaged for threatening the status quo.

We started as a small newspaper company and grew by providing competition and innovation in stale, near monopolistic markets.

As a global disrupter, Uber is no stranger to conflict, and its instinct has always been pugilistic.

The stock market clearly values companies that can deliver disruptive innovation.

My entire business model is to go on offense.

No company has a permanent consumer franchise. No one has the only game in town. The never-ending cycle of destruction and change inherent in a capitalist economy always provides new opportunities for those with determination, goals and concentration.

You either disrupt your own company or someone else will.

There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind.

Out there in some garage is an entrepreneur who's forging a bullet with your company's name on it. You've got one option now - to shoot first. You've got to out innovate the innovators.

The only big companies that succeed will be those that obsolete their own products before somebody else does.

Today, if you invent a better mousetrap, the government comes along with a better mouse.

Create something, sell it, make it better, sell it some more and then create something that obsoletes what you used to make.

By doing what they must do to keep their margins strong and their stock price healthy, every company paves the way for its own disruption.

The most essential thing for us was to get the business model right, then put the world-class technology under it to support it. At Merrill, that meant not doing what people expected.

It's important to remember that innovators in business don't always get a platform.

Over the next 10 years, I expect many more industries to be disrupted by software, with new world-beating Silicon Valley companies doing the disruption in more cases than not.

Disruption is a critical element of the evolution of technology - from the positive and negative aspects of disruption a typical pattern emerges, as new technologies come to market and subsequently take hold.

Disruption is continuously afoot in every industry, but especially in autos. It is how Toyota, Nissan and Honda bloodied Detroit: They did not start their attack with Lexus, Infiniti and Acura, but with low-end subcompact models branded Corona, Datsun and CVCC.

I want to create something like Sony. Not in terms of manufacturing products but creating something that is innovative, makes money, improves peoples' lives.