tech, startups, internet

Stratechery’s take on the WeWork IPO

It’s hard to say something about WeWork that hasn’t already been written in the popular press in the past two weeks. Yet, Ben Thompson does a nice job of highlighting the bull case for WeWork. It sounds really good right […]

tech, startups, internet

How discount brokerages make money

I thought I knew how the fintech startups of decades-past (the discount brokerages) made their money. It turns out I didn’t know. Now I’m better informed, and it feels great! This is also good background to have before reading the Betterment […]

tech, startups, internet

History of public SaaS returns and valuations

This is a very data-driven analysis worth skimming at least. “The overall returns from public SaaS companies have been remarkable — the average SaaS company has returned almost 5x from their IPO price. For context, most venture capital funds strive […]