Big winners bring things in-house; outsourcing is sold to the small
Quote
companies outsource way too much stuff to third to third parties under this guise of well, you know, we'll pay these guys to do it, because then we can focus more on orbit or core business. Yeah, but no, no huge successful company actually works that way.
Episode 67: Satoshi stocking stuffer everybody there you go. The last meeting of the (approx., from transcript intro) 00:47:24 (play audio from this timestamp, opens in a new tab)
Voice-matched
Summary
A Silicon Valley pet peeve of Dave's: startups pitch 'let us do this so you can focus on your core business'. Yet Dropbox ended up running its own servers, Apple brought production in-house, and Spotify buys up everything in podcasting. Big successful companies go vertical, and it's small businesses that get duped into outsourcing.
Not in the audio. 'orbit or core business' is the transcript's rendering of 'our core business'.