Mike Hudack

Like if you're saying... Well, I don't know.

I half agree with you. So I admire WhatsApp so much. When Facebook bought WhatsApp, I think 99% of people in Spain had WhatsApp. It was some of the most incredible market penetration. It was a global product. It was just texting. Everybody needs to text. And it had kind of two growth mechanisms. One was international texting was shitty and expensive.

I half agree with you. So I admire WhatsApp so much. When Facebook bought WhatsApp, I think 99% of people in Spain had WhatsApp. It was some of the most incredible market penetration. It was a global product. It was just texting. Everybody needs to text. And it had kind of two growth mechanisms. One was international texting was shitty and expensive.

I half agree with you. So I admire WhatsApp so much. When Facebook bought WhatsApp, I think 99% of people in Spain had WhatsApp. It was some of the most incredible market penetration. It was a global product. It was just texting. Everybody needs to text. And it had kind of two growth mechanisms. One was international texting was shitty and expensive.

And so if you texted a lot internationally, your phone bill was really high and WhatsApp fixed that for you. And then there were certain countries where the telcos were really greedy, where they would charge a lot for domestic text message.

And so if you texted a lot internationally, your phone bill was really high and WhatsApp fixed that for you. And then there were certain countries where the telcos were really greedy, where they would charge a lot for domestic text message.

And so if you texted a lot internationally, your phone bill was really high and WhatsApp fixed that for you. And then there were certain countries where the telcos were really greedy, where they would charge a lot for domestic text message.

And so, of course, what happened was people who were experiencing that particular pain point then got WhatsApp and spread it virally with other people who experienced that pain point. And then something really magical happens because it's an innately social product.

And so, of course, what happened was people who were experiencing that particular pain point then got WhatsApp and spread it virally with other people who experienced that pain point. And then something really magical happens because it's an innately social product.

And so, of course, what happened was people who were experiencing that particular pain point then got WhatsApp and spread it virally with other people who experienced that pain point. And then something really magical happens because it's an innately social product.

At some point, people who aren't even experiencing that pain point both realize that they have WhatsApp and that they can consolidate on a single network for texting. And something magical happens, like the network completes. And the value of a social network is the square of the participants, right?

At some point, people who aren't even experiencing that pain point both realize that they have WhatsApp and that they can consolidate on a single network for texting. And something magical happens, like the network completes. And the value of a social network is the square of the participants, right?

At some point, people who aren't even experiencing that pain point both realize that they have WhatsApp and that they can consolidate on a single network for texting. And something magical happens, like the network completes. And the value of a social network is the square of the participants, right?

This comes from telephones, like the value of the telephone network was the square of the number of people who had telephones.

This comes from telephones, like the value of the telephone network was the square of the number of people who had telephones.

This comes from telephones, like the value of the telephone network was the square of the number of people who had telephones.

Coming back to your original point about ICPs, I think you do have to find small communities that you cozy up to and you develop deep relationships with and you find sparks of success and then you double down and triple down on them and then you spread virally out from there.

Coming back to your original point about ICPs, I think you do have to find small communities that you cozy up to and you develop deep relationships with and you find sparks of success and then you double down and triple down on them and then you spread virally out from there.

Coming back to your original point about ICPs, I think you do have to find small communities that you cozy up to and you develop deep relationships with and you find sparks of success and then you double down and triple down on them and then you spread virally out from there.

Man, it was such an unbelievably different environment. You know, I've now done social media, advertising, online video, food delivery, a regulated bank, and now Stablecoins. And they're all dramatically different. And I think that the most striking difference with Deliveroo compared to Facebook, both are fast-paced.