Chamath Palihapitiya

So that's sort of that market.

But above it at the model market, it reminds me, frankly, a lot of when we were building Facebook.

But above it at the model market, it reminds me, frankly, a lot of when we were building Facebook.

I remember sitting around our senior executive team, six of us looking at MySpace, who was an order of magnitude bigger than us.

I remember sitting around our senior executive team, six of us looking at MySpace, who was an order of magnitude bigger than us.

And at some point we were like, you know what?

And at some point we were like, you know what?

Our product is just fundamentally better than theirs.

Our product is just fundamentally better than theirs.

And they had 100 million plus users and we had sort of 15.

And they had 100 million plus users and we had sort of 15.

But we knew that we were eventually going to beat them.

But we knew that we were eventually going to beat them.

Nobody else knew.

Nobody else knew.

And I feel like this market is similarly evolving, which is that you have these early winners

And I feel like this market is similarly evolving, which is that you have these early winners

But there's still so much work to do.

But there's still so much work to do.

There's still so many consumer expectations to define that it's too early to know who's going to win.