How product, marketing, and cost innovations create a massive opportunity
A layman’s guide to bankruptcy
Nike just released their latest earnings report. We dive into their "Consumer Direct Offense" strategy, how they combined their brand marketing with technology.
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.
Taking a look at the best companies deep dives of the past year, including posts on Fiverr/Upwork, Carta, Tyler Corporation, CostCo and more
Why and how I ran a search fund
It's getting kind of scary out there
Polls and pundits don't do a good job of predicting election results. But what about prediction markets? In this post, we discuss what makes a good market and what could cause it to be wrong.
Book review of The End of Accounting: there are four problems with current financial statements and intangible assets are the biggest reason why.
How Amazon Marketplace works, how Thrasio built a unicorn, the platform risk associated with the strategy, and regulation concerns.
An unlikely marriage where both sides win
Substack can't decide if it's a CMS or a media brand. Neither could Medium. Their indecision will likely lead to similar outcomes.
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.
The original cloud kitchen, ten years before it was cool
The difference between a contractor and an employee, what Uber's existing business looks like and how AB5 will impact their financials.
Many schools have closed, representing a unique opportunity to buy school bus operators. With a strong moat, now might be the right time to buy.
And other lessons from a 9-figure edtech startup
A history of stock market exchanges: from fragmentation to monopoly, monopoly to fragmentation and back again.
After a short break, Napkin Math returns with a new writer
And what it means for your job
In China, livestreaming has changed eCommerce. Learn about how it works, what the hosts do during the steam, and how it could impact American eCommerce.
What GPT-3 is, GPT-3's capabilities, if GPT-3 will replace jobs, and how it affects social media.
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.
A review of the Q2 earnings: growth in digital subscriptions, a fall in advertising, and a decline in APRU due to long-term investing.
