Rocket Internet and the Idea/Execution Tradeoff
Plus! Slowing Rollups; Commodities and Cash; In Other Liquidity News; Referees and Players; Strategic Industry
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How Would You Run a 10,000-Year Endowment?
Read this article →Plus! Buy-to-Sell?; Dematerializing Gaming; New Profits in Old Media; Insourcing; Diff Jobs
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Grammarly: Network Effects on top of Network Effects
Unlock Premium to read this post →Plus! Subsidy Challenges; Supply Chains and the Fed; Meme Decline; The Slow Property Bailout; Cars and Collateral