Planting a Flag
Plus! Buildouts; Growth and Churn; Targeting Tweaks; DeepSeek; European Banks
All posts
In chronological order
-
Unlock Premium to read this post →
-
General-Purpose Technologies Revalue Natural Resources
Read this article →Plus! Meme Coins; Fees; Platforms; Opportunistic Offers; Private Accounting Fraud
-
Longreads + Open Thread
Read this article →Skyscrapers, AI, Congestion Pricing, The Odyssey, History, Markets, Accounting, Loneliness, Slavery
-
Meme Markets
Unlock Premium to read this post →Plus! Equity Comp, Squared; Venture Debt; 5%; Crypto Leverage; Closed-End Funds
-
Two Models of Forward-Deployed Engineers
Unlock Premium to read this post →Plus! Corporate VC; The New AI Model; The New AI Model, Continued; The Long But Volatile March; Post-IPO
-
Good Accounting is a Positive Externality
Unlock Premium to read this post →Plus! Crossovers; Politics: Back on Meta; Structure; Gradual Tariffs; Property Rights
-
The Economics of Logos
Read this article →Plus! Elsewhere in Reputation Markets; Knocking Down Data Walls; Closing the Arbitrage; Cost Avoidance; State AI Investment
-
Longreads + Open Thread
Read this article →Longreads * Gwern has a lengthy meditation on effort, specifically the kind of effort involved in doing what was previously thought to be impossible. It's not so much a unified theory of extreme effort as it is a comprehensive refutation of the existence of such theories. There are stories
-
The Loneliness Economy Wins Through Higher Sustained Productivity Growth
Unlock Premium to read this post →Plus! Bond Vigilantes; Deeper AI Search; Analysts; Shareholder Votes; Networks are Expensive to Build
-
Moderation, Inside and Out
Unlock Premium to read this post →Plus! General-Purpose Technologies; Growth and Concentration; Cross-Platform; The Amazon Model; More Round-Trips
-
Time Arbitrage and SaaS Pricing Power
Unlock Premium to read this post →Plus! Search UX; Mining Crypto; Moderation; News is a Distribution Business; AI as UI
-
Credentialism and the Money Illusion
Become a member to gain access →Plus! Diff Jobs; Capacity Constraints; IPO Window; Strikes and Opportunity Costs; The Upside and Downside of Ads; Backcasting Returns