I had just finished a conversation about resale as a market when the shoe company Allbirds emailed me to announce they’re now selling “slightly imperfect and gently used products.” I love it! | learn more
“This new invention won’t change everything. This emerging disease won’t become a global pandemic. This conspiracy theory is dumb. This outsider hasn’t disproven the experts. This new drug won’t work. This dark horse candidate won’t win the election. This potential […]
Stratechery discusses Intel on the heels of its becoming a customer of competitor TSMC. | learn more
From a customer and shareholder. “Shopify stock is down 50% over the past 12 months. Its mission may be to “arm the rebels,” but it is giving us muskets in a war that is increasingly being fought with machine guns.“ | learn […]
“I’ve also come to believe that if you’re going to get on the fundraising train, it’s important to plan for enough capital to get to a scale that provides for some exit opportunities in the event the business doesn’t achieve […]
“The decades-old system, known commonly as Robin Hood, is meant to balance resources among less property-wealthy school districts, with the goal of leveling out the per-student spending across all districts statewide.” Of note Austin’s school district is paying $710 million […]
“King Umberto II descendants take legal action over treasure kept in Bank of Italy deposit box for 76 years.” | learn more
“Despite his financial ruin, Cage doesn’t regret all of his purchases. “You have good investments and bad investments,” he says. “The good investments came from personal interest and my honest enjoyment of the history.” | learn more
“Octopuses are surprisingly intelligent, and reproduce at 1 year old. If we’d started a breeding program 50 years ago, we probably could’ve gotten them smarter than dolphins by now. A disappointing failure of the long-term mad science ecosystem.” | learn more
The founder, “Jim [Casey] led UPS for fifty-five years. He continued as the Chief Executive Officer of UPS until 1962, when he handed over the reins at age seventy-four.” | learn more