Brad Stone Quotes

Uber is redefining the transportation industry now; Airbnb is doing it to the hotel industry. You can expect that to happen in every single industry.

Early investors in Uber and Airbnb, though they remain private companies, have valued them at stratospheric multiples based largely on the notion that Uber will transform and dominate local transportation and Airbnb will revolutionize the hotel industry.

There's going to be a Google or a Facebook or a Zynga every three to five years. Those are really big ideas that do return substantial amounts of money.

The big success stories - Facebook, Zynga and Twitter - are leading to investing in ideas on a napkin, because no one wants to miss out on the next big thing.

Facebook, Google, Apple, Yahoo - there's a common theme. None of these companies ever sold. By staying independent, they were able to build a great company.

On Sept. 12, 2016, there was a momentary realignment in the constellation of global business. For the first time, the five largest public corporations in the world by market capitalization were all technology companies: Apple, Alphabet, Microsoft, Amazon.com, and Facebook.

In an economy increasingly dominated by network effects, peer-to-peer transactions, self-regulation, and contract labor, the old frameworks are woefully irrelevant.

If you look at firms like General Electric or other large companies, they don't just do one thing; they do many different things to generate sources of revenue.

You can't replicate Seamless or OpenTable for another industry.

With Facebook's IPO, the world learned a new way of organizing businesses around one overriding imperative: to ship new products quickly.

A P2P business is a company that creates a platform which allows individuals or 'peers' to directly buy and sell from each other. This activity has sometimes been called the 'sharing economy.' Some are wary of these new companies and the challenge they pose to the established market.

We need new, dynamic models for growth through the sharing economy, using big data to unlock new insights and adopting closed-loop cycles.

Benchmark has threatened to block investments that could bolster Uber's competitive position in global markets by bargaining over board seats and its own control.

Facebook is a powerful company, yes, but so was IBM.

The value that SoftBank saw in us was that we are a technology company in the mobile Internet space.

Not everybody wants to be Mark Zuckerberg, but everybody wants to create a little piece of the American dream, the Silicon Valley version. I don't think that's a bad thing.

Without competition, Silicon Valley will stop taking risks and will stop innovating.

We understand that conglomerates have no future.

When tulip mania dies down, all that remains are pretty flowers. When bubbles burst, nothing is left but soapy residue. But the Internet revolution, for all its speculative excesses, really is changing the world.

In an era of endless innovation and constant disruption, what is any company really worth? How does a startup determine its valuation?

Warp speed developments in technology - automation, artificial intelligence, and the arrival of the sharing economy - are transforming how we work. Beyond technology, traditional working patterns are also being disrupted by changes in society, organizations and workforce management, leading to the rise of a more independent and dispersed workforce.

The spread of information technology and the long-term decline in the cost of computing power have created opportunities that simply did not exist before. Airbnb, for example, could not have existed before the Internet.

The One Ford plan drives the business to get PGA, Profitable Growth for All, meaning that every year we increase the profits and cash flow. So how do we do that? We serve all the markets around the world with a complete family of vehicles and use the One Ford Plan.

In the past, when venture-funded startups told their investors they'd found a profitable business model, the first thing VCs would do is to start looking for an 'operating exec' - usually an MBA who would act as the designated 'adult' and take over the transition from Search to Build.

In an increasingly competitive technology world, VCs must work more and more closely with portfolio companies to develop superior technology, talent, and operations.