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?
It's A Brave New World
A $100B Bet on Two Brothers
2024 is the year I go big
Startups screw up sometimes, but making things cheaper is a moral necessity
The difference between a contractor and an employee, what Uber's existing business looks like and how AB5 will impact their financials.
How MSCHF turns irreverent ideas into a real business
I’m wondering if I can deep-fry my way out of the apocalypse
My sick, unexplainable desire to buy a face computer
Neither hellscape nor utopia—the internet makes society anew
This is the dumbest AI will ever be—and it’s still magic
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.
How can you know when to invest?
A Book Review
No one cares, so take more risks
And it means there are big changes ahead for what software can do
What consumer tech and media got wrong
A personal essay