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AcquiredJuly 16, 2020
Pinduoduo
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We kick off Season 7 with a bang: Pinduoduo, the incredible five year-old Chinese mashup of "Costco and Disneyland" (as self-described in their IPO prospectus) which recently became the fastest company ever to pass $100B market capitalization. What makes PDD so special, and how were they able to enter a market that everyone considered "already won" and disrupt massive entrenched competitors Alibaba and JD.com? This story is chock-full of lessons that apply not only to China tech, but to high-growth company building and investing everywhere.
3 book mentions in this episode.
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Books Mentioned
The Dark Tower
Stephen King
“David has been steeped in research and reading more in the series of previous carve out, which was The Dark Tower.”
Sentiment: Passing Reference
Trigger: previous carve out
For: Fans of Stephen King and listeners of the podcast
Key quote: “I'm only halfway through this book right now, but it's excellent.”
The host briefly mentions 'The Dark Tower' while discussing their current reading list. They express that they are only halfway through the book but find it excellent, suggesting it may appeal to fans of their previous episodes.
ASIN: B019NOJ4JG
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“It's just a really good if you kind of like the like shoe dog, it's almost these like thriller bio book.”
Sentiment: Highly Recommended
Trigger: book recommendations
For: Readers interested in space exploration and entrepreneurship
Key quote: “It's just a really good if you kind of like the like shoe dog, it's almost these like thriller bio book.”
The host mentions 'How to Make a Spaceship' as an excellent read for those interested in the story of the XPRIZE and its visionary founder. They highlight its thrilling narrative style, comparing it to other engaging biographies like 'Shoe Dog'.
ASIN: B01KIFUZL0
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“I finally read Creativity Inc. Sinful that we did a Pixar episode and I never read it.”
Sentiment: Highly Recommended
Trigger: importance of creativity in startups
For: Entrepreneurs and creative professionals
Key quote: “It's just, it's a great freaking read.”
The host mentions 'Creativity Inc' as a significant resource for understanding how to balance creativity with structure in startup environments. They highlight its insights into the creative processes at Pixar, making it relevant for anyone involved in innovative work.
ASIN: B09W2VSMCL
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