In this issue:

• Minimum, Viable, and Not Even a Product

• Big Tech Sees Like a State: Bitcoin Edition

• Balance Sheet Recessions

• Hamiltonian Moments

• Tenet

• TikTok

• Amazon in India

Minimum, Viable, and Not Even a Product

Three variations on a theme:

• Taylor Pearson tells the story of launching an app for valet parking, only to discover that the customer use case wasn’t …