David Sampson
๐ค SpeakerAppearances Over Time
Podcast Appearances
You want to bid a dollar more than is necessary than anyone else bids because you want to win.
You've always said that to us during these shows.
And you've got to be able to know in order to do it.
And we talked last show about when you didn't know
fifa you didn't win so all netflix wants is they'd love to know what's the number here that we need to get to to get the vote because that's really what they care about and then they'll decide if they've passed their choke point yeah it was always paired with for me with a a a rejection of false precision right is it worth 83 billion
I'm sorry, Pablo, can I just distract you for one second on that?
Because that is the most non-business thing you'll ever hear from anyone.
The whole job that you have is to have precision.
You may be wrong,
But the only way, just go as low as when you're buying a car, something like that.
Hey, is this car worth 10,000 or is it 10,400?
I'm not really positive, but I can look at the markers and I can make comparisons and I can sort of see.
But you've got a choke point, whereas you don't have the financing.
You can't afford to buy a car for 11,000.
I don't agree.
I don't agree.
People walk away all the time for things because it is not worth what the... It's when there's a difference between the bid and the ask.
When the ask is absolutely more than what it is worth, you don't bid.
I'm not a fan, Pop, of the slippery slope theory.
where that's really what John is talking about, where if 83 to 86 is no big deal, why is 86 to 89?