Evan Armstrong

Evan Armstrong was a lead writer at Every who explored profit and power in technology in Napkin Math.

Jul 20, 2023

Of Course You Can Beat the Market

Free your mind from the Efficient Market Hypothesis

Mar 21, 2024

Why Polarity Pays

The complicated social and financial incentives at the heart of online publishing

Nov 24, 2021

How Do You Compete with Free?

Notion: The Embattled Artist

Dec 1, 2021

Investing on Instinct

Why the best deals are done with no data at all

Feb 25, 2022

Joe Rogan: The Platform-Proof Creator

Spotify’s No-Win Predicament

Jul 22, 2021

Snowflake: How a Revenue Retention Behemoth was Built

TL;DRThis is the second post on a deep dive in GTM metrics with a focus today on Revenue RetentionSnowflake is a software Dracula. It latche

Jan 6, 2022

What the hell is going on with Lambda School?

The complicated business of selling social good

Aug 13, 2021

Is Facebook Fixable

A Review of An Ugly Truth

Jun 27, 2023

Shopping for AI Shovels: The MosaicML Acquisition

Why would Databricks spend $1.3B?

Feb 27, 2024

What the Media Is Getting Wrong About AI

The future must be built on truth

Mar 10, 2022

How To Get Leverage On Your Ideas

The Power Output Equation

Dec 7, 2023

The Impossibility of Being Charlie

RIP to nerd Jesus

Jul 9, 2024

Paramount’s Dilemma: Content Isn’t King—Distribution Is

Half a century removed from its glory days, the Hollywood giant has a new rescue plan

Aug 13, 2024

The Addiction Economy

Addicted, overwhelmed, oversubscribed: How technology hooked the world

Dec 5, 2023

Death of a Flywheel

Amazon and Berkshire Hathaway got really big. Here’s why it might kill them.

Nov 16, 2023

COGS: How I Bankrupted MoviePass

An intuitive explainer for how to lose money and win anyway

Jul 16, 2021

How Free to Play Video Games are Forced to Make Addicts

A Case Study on Market Structures and Harm

Jan 31, 2022

Spotify’s Quest to Own Your Ear

A Napkin Math and Trapital Production

May 28, 2021

ITDA: The Gamification of Financial Statements

How governments and companies are engaged in mutual manipulation

Jan 9, 2025

More Output, Less Effort

8 pieces of technology that have dramatically improved my life

Sep 9, 2021

Tech stocks’ favorite lie to investors

How the LTV/CAC ratio is manipulated to take advantage of retail investors

Dec 8, 2022

The Primary Trends I’m Investing In Next Year

China, boring AI, vertical SaaS, and Apple's power

Feb 22, 2024

AI and the Vision Pro Don’t Need a Killer App

Software that drives hardware adoption is rarer than you think

Jun 13, 2024

The AGI-in-2027 Thesis

Some researchers are convinced that we are on the cusp of superintelligence. Are they right?