Sramana Mitra: So there is a lot going on in the virtual currency payment space. That whole area right now is very active innovation-wise. Jeff Lawson: Yes. Sramana Mitra: It’s probably the most active it has been in a long time.
Jeff Lawson: Now what you’re seeing in Web 2.0 is this more vertically integrated approach where instead of just veneer on top of the existing industry, you actually have companies that are cutting all the way through the stack and existing industry to provide a better solution overall. Coming back to homes, I can now
Sramana Mitra: How big is your developer ecosystem? I imagine that part of your strategy is to unleash the whole creativity of the developer ecosystem on your platform. Jeff Lawson: Yes, we have over 400,000 developers using our platform. Sramana Mitra: Are these large companies? What’s the mix of that ecosystem?
Sramana Mitra: This is a very good discussion. Give me some more interesting use cases. What other segments or interesting creative ideas are you seeing in your developer ecosystem? Jeff Lawson: We’ve got pretty much every sharing account including companies like Airbnb and TaskRabbit. In the sharing economy, you use technology to connect supply and demand
Jeff Lawson: What Uber has done is, take the communication part of calling a taxi and seamlessly integrate it into the whole experience. Communication used to be a standalone activity. Now communication just becomes part of the workflow that you have when you use Uber. We see this in many software companies. In the transportation space