Groupon as a company - it's built into the business model - is about surprise. A new deal that surprises you every day. We've carried that over to our brand, in the writing and the marketing that we do, and in the internal corporate culture.
Why do we have financial crises? Why do banks lose money? If history is any guide, it hasn't often been the result of speculative bets. It has been the result of banks making loans to individuals and businesses who can't pay them back.
If you can pay enough people to buy your .99 ebook and review it positively, and crack one of Amazon's bestseller lists, readers are going to check it out. Especially at a low price point like .99. Customers are suckers for the fallacy that the cream rises to the top.
I hope we business people can invest more aggressively outside Metro Manila, whether in real estate, factories, or other enterprises, in order to give equal opportunities to all other regions.
Candidly, when you go back to '07 or '08, it was hard to sell cloud. We started out by focusing on large enterprises on day one. Everybody thought cloud was for SMBs (small and mid-size businesses), but we made the leap that it was going to be for large enterprises, that they were going to replace their core systems.
There are no words to describe Messi; he always surprises you.
You decide to give your trust over to somebody. And if you don't decide to, then for me, it's really not worth going into collective enterprises; you should just work alone.
Shakespeare is the outstanding example of how that can be done. In all of Shakespeare's plays, no matter what tragic events occur, no matter what rises and falls, we return to stability in the end.
People's mouse clicks decide what businesses, services, and content succeed. Users have equal access to tiny businesses with viral ideas and blue-chip companies, allowing these enterprises to compete on their own merits. It's how so many small start-ups have been able to become Internet success stories.
We need women who are at the head of a boardroom, like at the head of the White House, at the head of kind of major scientific enterprises so that little girls everywhere can then think, you know what? I can do that, I want to do that, I will do that.
