You Can't Escape Stack-Ranking
Plus! Platforms; Social Network Primitives; Cancellations; Competitive Pricing; Cost Control
-
Unlock Premium to read this post →
-
Psychological Negative Carry
Unlock Premium to read this post →Plus! JPM; An Asset Class and an Issue; Prediction Markets; Turnover; Distressed Sellers and the Cycle
-
Offshoring and AI Agents
Sign up for free to gain access →Plus! Capital Structure; Designer Brands and Transaction Costs; SMBs; Top-Down Market Reform; Chosen Obligations
-
Longreads + Open Thread
Sign up for free to gain access → -
Social Status and the Bezzle
Unlock Premium to read this post →Plus! Full-Stack; Crypto: Not Speculative Enough for the SEC; Regulating Platforms; Getting the Order Right; Narrative Monopolies
-
KPI-Based Short Theses Considered Tricky
Unlock Premium to read this post →Plus! Switching Costs; Spinouts; Pricing and Risk Premia; Operational Efficiency; Founder Control
-
What Does "Venture-Scale" Mean?
Unlock Premium to read this post →Plus! Deeper into the Stack; Gray Area Moderation; The FTX Turnaround; Trading Companies; Filling in the Gaps
-
Money and Legitimacy
Sign up for free to gain access →Plus! Moats; Big Tech Sees Like a State; Shifting Costs; Managing Macro; Experimentation
-
Longreads + Open Thread
Sign up for free to gain access →Philosophy, North Korea, Doing the Reading, Ponzis, Accommodations, Careers, Competition, The Book, AI
-
Delivery Apps as a Force for Global Income Redistribution
Unlock Premium to read this post →Plus! AI: An Ad Product; Recurring Revenue; Earshare; Liability; Democratizing Credit
-
Is Cerebras an IPO or a Tracking Stock?
Unlock Premium to read this post →Plus! AI and Property Rights; Ad Load; Strategy Drift; The Round; Taking Growth Seriously
-
The Edge Case/PR Tradeoff
Unlock Premium to read this post →Plus! Meta-Moderation; Governance; M&A Speculation; Second-Order Effects; Self-Regulation