Napkin Math

Business breakdowns, by the numbers.

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Napkin Math

Microsoft should buy Netflix

Netflix and Bill

35 πŸ”’ Apr 21, 2022 by Evan Armstrong

Napkin Math

Intangible Assets: The Invisible Value Driver

Book review of The End of Accounting: there are four problems with current financial statements and intangible assets are the biggest reason why.

34 Aug 5, 2020 by Adam Keesling

Napkin Math

Twitter’s Shot at Becoming a Meme Stock

It’s Musk's world and we’re just tweeting in it

34 πŸ”’ Apr 5, 2022 by Evan Armstrong

Napkin Math

The Face That AI Built

My explorations in image generation

34 Oct 6, 2022 by Evan Armstrong

Napkin Math

Look On My Works, Ye Mighty, and Despair

I Have Some Thoughts To Share

34 πŸ”’ Jun 30, 2022 by Evan Armstrong

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Are We Really Addicted?

An interview with Nir Eyal

33 Jun 22, 2022 by Evan Armstrong

Napkin Math

How To Get Leverage On Your Ideas

The Power Output Equation

33 Mar 10, 2022 by Evan Armstrong

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Will Tokens Replace Equity?

The Weird Future Ahead

32 πŸ”’ Jan 27, 2022 by Evan Armstrong

Napkin Math

Nike: Direct Relationships & Digital Penetration

Nike just released their latest earnings report. We dive into their "Consumer Direct Offense" strategy, how they combined their brand marketing with technology.

31 πŸ”’ Oct 8, 2020 by Adam Keesling

Napkin Math

The Race for New Payment Rails

Who is building the next Visa?

31 πŸ”’ Apr 14, 2022 by Reggie Young

Napkin Math

Am I getting ripped off writing at Every?

Screenshots of my contract and the financial model I used to decide

31 πŸ”’ Apr 22, 2021 by Evan Armstrong

Napkin Math

How Live-streaming Ecommerce Works in China

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.

30 Dec 8, 2020 by Adam Keesling

Napkin Math

Spotify’s Quest to Own Your Ear

A Napkin Math and Trapital Production

30 πŸ”’ Jan 31, 2022 by Evan Armstrong

Napkin Math

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

30 Jul 22, 2021 by Evan Armstrong

Napkin Math

Uber and Lyft Live Once Again

What drivers think of AB 5, why it was written, and the pricing differences between services

28 πŸ”’ Aug 28, 2020 by Adam Keesling

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GPT-3 Will Accelerate The Privatization of Internet Communities

What GPT-3 is, GPT-3's capabilities, if GPT-3 will replace jobs, and how it affects social media.

27 Jul 30, 2020 by Adam Keesling

Napkin Math

Explaining the Hertz Situation

A layman’s guide to bankruptcy

26 Jun 18, 2020 by Adam Keesling

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Planet of the Billion Dollar Bored Apes

Is Bored Ape Yacht Club a Decentralized Disney?

24 πŸ”’ Mar 24, 2022 by Evan Armstrong

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Is Facebook Fixable

A Review of An Ugly Truth

23 Aug 13, 2021 by Evan Armstrong

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ITDA: The Gamification of Financial Statements

How governments and companies are engaged in mutual manipulation

23 πŸ”’ May 28, 2021 by Evan Armstrong

Napkin Math

What is an Asset?

Plus a new course from Napkin Math!

22 πŸ”’ Aug 18, 2022 by Evan Armstrong

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Finance is Narrative Not Numbers

The Subtle Art of Manipulating CFOs

22 Aug 25, 2022 by Evan Armstrong

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How a Climate Tech Startup Closed 5+ Enterprise Deals Before Even Launching

Remora, The Bureaucracy Buster

21 Aug 20, 2021 by Evan Armstrong

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My Favorite Company Deep Dives of 2020

Taking a look at the best companies deep dives of the past year, including posts on Fiverr/Upwork, Carta, Tyler Corporation, CostCo and more

21 Jan 7, 2021 by Adam Keesling

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In Defense of WeWork’s Community-Adjusted EBITDA

Clarifying the murky middle ground between Gross Profits and Net Income

21 πŸ”’ May 13, 2021 by Evan Armstrong