Austin Ligon on Information Dominance, the Right Number of Competitors (Zero), The Lift Created by TV Ads (30%) & How Fast You Can Expand (20% per Year)

CarMax founder and former CEO Austin Ligon visited Redfin yesterday. CarMax is a $10 billion superstore that is taking all the sales slime & financing shenanigans out of the used-car business. Customers love it. As part of our brown-bag lunch program, Austin came by to talk to us about how to build a customer-driven consumer… Read More

Harvard, Goldman, Startup

Roger Ehrenberg just posted an essay about why Harvard students prefer Goldman Sachs to a 15-person startup, which I found via Chris Dixon’s excellent Twitter feed. Roger speculates that “many equate start-up enterprises with uncertainty and fear, and only appropriate for those with massive risk tolerances.” This seems to me like the thinking of someone with… Read More