“We're focused on what's called network-dense co-location data centres ... once you own these ecosystems of connections, it's very hard to bring on competition.”
♫
Said on The Rules of Investing
Entrepreneurs on Fire · How to Turn Your Home Purchase or Sale Into a Dream Vacation with Kipp Lassetter
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Focused partnership on a single exchange partner (Virgin) to add credibility to the rewards ecosystem
thousands of customers with millions of points
“We're focused on what's called network-dense co-location data centres ... once you own these ecosystems of connections, it's very hard to bring on competition.”
“Who, if I could partner with or bring on, collaborate with, could get me to that goal and just buy that one partnership.”
“Virgin put a full page ad in Melody Maker … offering vinyl records by mail at discounts up between 10 and 15 percent purchasers mailed in cash or checks in advance so Virgin was earning thousands a week”
“The one thing that would be really important… when you find your partner making even the smallest progress, you want to reward disproportionately… you would never be going to the bathroom… if you didn’t give reinforcement for approximately good behavior.”
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