retail therapy

Let the holiday resales begin

From Deloitte: “With the resale market growing 21x faster than the retail apparel market in the past three years, we wondered if holiday shoppers would be willing to gift a used item. We found that just over a quarter (27 […]

to your health

When is fraudulent billing not fraud?

When it happens in healthcare! “Much of what we accept as legal in medical billing would be regarded as fraud in any other sector.” I’m reminded of Shakespeare and roses smelling as sweet by any other name. “So what is […]

better doing

Why correlation usually ≠ causation

Do you ever read something that points out an obvious intuitive mistake you make repeatedly? Well, here we are… Causal Nets are an interesting explanation of why we see so much correlation in this world. | learn more

tech, startups, internet

The hundred year titan

Why are there no direct-to-consumer blockbuster films yet? “Long before the modern DTC era, movie studios did control the product from production to the theater house. This changed in 1948.” The Supreme Court decision that led studios to divest their […]

tech, startups, internet

Why finance is such a hard industry for startups

Patrick McKenzie, the author of How Discount Brokerages Make Money, has 100 insightful thoughts on financial services. “Geeks underestimate technical sophistication of the financial industry by a scandalous amount, largely because most of it happens below the waterline and not in […]