retail therapy

A word of caution to AngelList LPs.

“I’ve observed what I perceive to be a “market inefficiency” on the platform, which is what I want to call out today: Tier 1 VC bridge rounds.” This is the same lesson as Mark Suster’s 2014 gem Why Am I So […]

retail therapy

The pitfalls of churn rate.

In 2018, as Spotify prepared to go public, this author noted “Spotify is making a common and dangerous mistake in their LTV calculation.” He uses this to make the point that, “Investors and entrepreneurs should shift their attention towards a […]

retail therapy

Back to the drawing board for Instagram social commerce.

“According to The Information, Instagram plans to remove its existing Shop page due to what an internal memo called “shifts in company priorities.” It will also eventually remove the homepage button that directs users to the Shop page. These moves […]

retail therapy

Retail can be a very hard business.

Packable, last year the #1 seller on Amazon Marketplace in the U.S., is liquidating. A year ago, they were planning a SPAC deal at a $1.5 billion valuation. I hope to someday read the inside story of how this business […]