Who is Michael Grimes? He’s a tech investment banker. “He played hours of FarmVille before the Facebook IPO and actually worked as a driver before taking Uber public.” John Coogan argues Grimes is a rare tech banker who goes obsessively […]
Showering in innovation. A couple years ago Jolie figured out how to position a showerhead as a beauty product because filtering water is good for hair. The capitalist innovation train is rolling at full steam now at the HigherDOSE company… […]
Driverless vans in China are unstoppable. “In China, driverless delivery vans have become a total meme, they plow through crumbling roads, fresh concrete, motorcycles, anything. Nothing stops them.” Your delivery is on the way! ~ learn more
A rogue hacker. These unsuspecting retailers were just living their ordinary lives when someone hacked a Shopify app they had installed and, “ran a script to refund millions of dollars in seconds… crazy.” The internet is a dangerous place. ~ […]
Google Maps as market maker. The app is not just reflecting, but actively organizing urban demand, transforming restaurant survival “into a cumulative-advantage dynamic that looks remarkably similar to the way capital compounds in financial markets.” ~ learn more
When odds become absurd. “You’d need to play Powerball for roughly 5.6 million years to have a 50% chance of winning once.” This website shows two lotteries being played every second, making the astronomical odds of a jackpot win visible […]
GenAI ads outperform human ones. “GenAI-created ads see 19% higher click-through rates than human-created ads.” NYU and Emory researchers found that even product packaging influenced by Generative AI boosts creative performance. As usual, when AI usage was disclosed, it tanked […]
The end of interchange. “Credit card companies have had a good run extracting interchange from merchants for the last forty years, but those days are coming to an end.” Fred Wilson’s a pretty good predictor of the future, but I […]
Cannabis reclassified to Schedule III. Weed will now be much less illegal nationally, but with plenty of gray area and contradictory laws. “Trump ordered agencies to begin the formal process of reclassifying cannabis as a drug with medical value and […]
Your digital ‘property’ isn’t really yours. Do you own your gaming skins? “Legally, you don’t.” In a dramatic market move, Valve’s change in game rules for Counter-Strike 2 exposed a $2B loss in virtual investments, highlighting a blind spot in […]