web/tech

Jun 03 2021

Customers Love Free Stuff … But That’s Not Your Problem

bgurley

“As they say in poker, ‘If you’ve been in the game 30 minutes and you don’t know who the patsy is, you’re the patsy.‘” Warren Buffet, 1997 Marketing 101: Customers love free stuff. As a result, it is a common marketing practice to offer things “for free” in order to impact customer behavior or...

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Feb 27 2019

Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

bgurley

(*) Benchmark is/was an investor in companies labeled with the asterisk. In 1776, Adam Smith released his magnum opus, An Inquiry into the Nature and Causes of the Wealth of Nations, in which he outlined his fundamental economic theories. Front and center in the book — in fact in Book 1, Chapter 1...

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