tech, startups, internet

Intelligence arbitrage.

“2010s; build software that solves a problem and sell it to other businesses. 2024; build software that buys businesses. Whether you start with models and use acquisitions for data, compete with PE firms, or create a tech-enabled rollup – the […]

tech, startups, internet

Intelligence arbitrage.

“2010s; build software that solves a problem and sell it to other businesses. 2024; build software that buys businesses. Whether you start with models and use acquisitions for data, compete with PE firms, or create a tech-enabled rollup – the […]

oh, chicago

Chicago’s food halls have entered a new era.

“Chicago’s food halls were not built to be busy only three days a week during lunchtime. With Loop office occupancy rates still sagging from the pandemic, the businesses once predicated on vast numbers of customers are being forced to forge […]

tech, startups, internet

Entropy theory.

Several years ago Packy McCormick explained his theory of industry: “Entropy Theory explains industry evolution as a story of ever-increasing chaos and suggests that the most successful businesses are those that use the latest technology to wrangle that chaos, until […]

on the blockchain

Newsweek in 1995: Why the internet will fail

This isn’t about blockchain, but it’s a must-read complementary pairing to the article above about blockchain being good for (almost) nothing. “They speak of electronic town meetings and virtual communities. Commerce and business will shift from offices and malls to […]