Evan Armstrong is the lead writer at Every. He explores profit and power in technology in his column, Napkin Math.
OpenAI, Meta, and the $120 billion battle for the future of intelligence
Content is cheaper than ever to produce. That will bring devastation—and a new wave of opportunity.
The board is bad at their job, but they may not be crazy
Free your mind from the Efficient Market Hypothesis
But that doesn’t mean it's going to beat ChatGPT
Maybe Elon should buy it
A book that lit a fire in my soul
Spotify’s No-Win Predicament
If you want to win, you gotta spike
Can AI agents make you a billionaire?
An interview with Nir Eyal
People who promise high returns forever are liars
A Napkin Math and Trapital Production
Why new devices are flopping—and how they might succeed
A world where a billion is a drop in the bucket
Plus a new course from Napkin Math!
When building a startup gets hard, where should we turn?
One of the world’s most important websites was sold and nobody cares
Forget AI, the people want to bone
My quest to find Jesus Christ with a Gulfstream
A Book Review of The Power Law
A Case Study on Market Structures and Harm
Why would Databricks spend $1.3B?
Your to-do list can wait