An Intuitive Explainer for How To Lose Money and Win Anyway
Inflation, web3, embedded fintech, investing in people, and the newsletter winter that is coming
A look inside the S-1 of Wish. Included is the background of Wish, a look at their margins, how the universal postal union is changing their cost structure, how their CAC is rising and if they are viable long-term.
The largest IPO in history is happening in China with Ant Financial. In this post, we discuss all the services Ant Financial provides and what to expect in the future from Ant.
The Rugged Landscape of Digital Advertising
AI is making a world where it costs nothing to produce anything. What happens next?
A $100B Bet on Two Brothers
It's A Brave New World
2024 is the year I go big
The difference between a contractor and an employee, what Uber's existing business looks like and how AB5 will impact their financials.
Startups screw up sometimes, but making things cheaper is a moral necessity
This is the dumbest AI will ever be—and it’s still magic
How MSCHF turns irreverent ideas into a real business
My sick, unexplainable desire to buy a face computer
I’m wondering if I can deep-fry my way out of the apocalypse
Neither hellscape nor utopia—the internet makes society anew
How can you know when to invest?
The Embedded Human
Chegg grew their stock price from under $10 to over $85. They did it by changing their business model from the ground up and investing in digital media content.
A Book Review
And it means there are big changes ahead for what software can do
No one cares, so take more risks
What consumer tech and media got wrong
How to think about investing in a startup versus a public company
