Pinduoduo
Acquired16 Jul 2020

Pinduoduo

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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Episoder(214)

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Taylor Swift (Acquired’s Version)

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CAA (with Michael Ovitz)

CAA (with Michael Ovitz)

Season 9 ends at the beginning — with the man who changed Hollywood forever and wrote the blueprint for A16Z’s upending of Silicon Valley a generation later, Michael Ovitz and his “Dream Factory”, Cre...

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FTX (with Sam Bankman-Fried & Mario Gabriele)

Note: This episode was published on Dec 14, 2021, approximately a year before FTX’s subsequent meltdown. The apparent negligence, fraud and self-dealing at FTX has given us much to reflect on after we...

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7 Powers with Hamilton Helmer

7 Powers with Hamilton Helmer

You've heard us talk about him every episode for the past two years... but until now most of you have never actually heard us talk to him! We've remastered our first, canonical interview with Hamilton...

8 Des 20211h 4min

Not Boring (with Packy McCormick)

Not Boring (with Packy McCormick)

When does a creator become a company? Who says that media companies — or venture firms — have to be organizations? How high is the ceiling on one person + the internet? Acquired has the answers and th...

3 Des 20212h 48min

Complexity Investing & Semiconductors (with NZS Capital)

Complexity Investing & Semiconductors (with NZS Capital)

Of our 65+ sources for the TSMC episode, one stood above the rest: a wonderful Knowledge Project episode with Brinton Johns and Jon Bathgate of NZS Capital laying out the state of the semiconductor ma...

3 Nov 20211h 44min

Standard Oil Part II

Standard Oil Part II

We bring the epic saga of Standard Oil and John D. Rockefeller to a close (for now) with two of history's greatest second acts: Rockefeller's pioneering of modern philanthropy (and really modern life ...

18 Okt 20212h 23min

Michael Mauboussin Master Class — Moats, Skill, Luck, Decision Making and a Whole Lot More

Michael Mauboussin Master Class — Moats, Skill, Luck, Decision Making and a Whole Lot More

We sit down with the one & only Michael Mauboussin to dive deep into his incredible body of work: untangling skill and luck, measuring moats, persistence of returns in venture capital, decision making...

5 Okt 20211h 26min

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