Pinduoduo - a podcast by Ben Gilbert and David Rosenthal

from 2020-07-16T19:51:06

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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.

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Want more Acquired, including access to the LP Show, LP Calls and the Book Club? Join the Limited Partner program at: https://glow.fm/acquired/

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Links:

Carve Outs

Sponsors:

  • Thanks to Tiny for being our presenting sponsor for all of Acquired Season 7. Tiny is building the "Berkshire Hathaway of the internet" — if you own a wonderful internet business that you want to sell, or know someone who does, you should get in touch with them. Unlike traditional buyers, they commit to quick, simple diligence, a 30-day or less process, and will leave your business to do its thing for the long term. You can learn more about Tiny here: http://tinycapital.com
  • Thank you as well to Bamboo Growth and to Perkins Coie. You can learn more about them at: https://growwithbamboo.com and https://www.perkinscoie.com/

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Sources:

Further episodes of Acquired

Further podcasts by Ben Gilbert and David Rosenthal

Website of Ben Gilbert and David Rosenthal