Here’s the articles that I found interesting recently.
While the world is increasingly converging on the need to go digital because of the pandemic, it is also becoming increasingly clear that the digital leaders are diverging in how they think about the future.
Here’s a selection of what I found most interesting recently.
Unlike prior editions of Tidbits where I had a clear narrative or theme laid out before writing, this time was different. However, after I wrote everything below, the narrative easily fell into place…the world (both physically and digitally) continue to shift along existing fault lines. This shift continues to open up new territory, and all that land is now up for grabs, especially in fintech.… Read the rest “Tidbits #21 – Land Up for Grabs”
Here’s a selection of what I found most interesting recently. I started experimenting with some design changes in recent editions of Tidbits…the design changes don’t come through all that well via WordPress’ default email feature, and I’m not confident I will figure out a better alternative to the default email feature soon. May be better to read directly in the browser while I continue to experiment.… Read the rest “Tidbits #20 – Finish Line in Sight”
Here’s a selection of what I found most interesting recently. I started experimenting with some design changes in the last edition of Tidbits…the design changes don’t come through all that well via WordPress’ default email feature, and I’m not confident I will figure out a better alternative to the default email feature soon. May be better to read directly in the browser.… Read the rest “Tidbits #19 – What Happens Now?”
Here’s a selection of what I found most interesting recently. I’m experimenting with some design changes…not sure how it looks via email. May be better to read directly in the browser.
Of course, the real item of interest is what happens with the elections, whether there will be a constitutional / election crisis, and whether the global state of affairs change in anyway for all citizens of the world.… Read the rest “Tidbits #18 – Calm Before the Storm?”
#1 The Number of New Businesses in America is Booming
The government regularly releases figures on new-business formation, derived from applications for tax registrations. And “high-propensity” business applications—those displaying characteristics typically associated with firm-creation and the employment of staff—recently reached their highest quarterly level on record (see chart).
All this has surprised economists. In the last recession the number of “high-propensity” business applications sharply declined.
Below are some of the items that I found most interesting in the last few days.
In comparison to prior editions of Tidbits, there isn’t any major cohesive theme that demands our attention. But companies of interest continue to push their agendas forward that will likely lead to industry shifts down the line.
In times of chaos, Capital Flywheels’ preference is almost alwaysto invest in change, not to invest in incumbency. Chaos will eventually be followed by a return to normalcy, but the protagonists almost always change.
No…not stocks (maybe depending on the stock!)…but if Amazon, Shopify, and Pinterest’s results last week did not make the point painfully obvious enough, e-commerce IS commerce now. Some data providers estimate that e-commerce share of total commerce increased from 15% last year to 40% in Q2. Normally, e-commerce share only grows about 1% per year and has taken 20 years to get to 15%…
#1 Shopify continues to “Arm the Rebels” with a Walmart partnership
Starting today, Shopify merchants across the U.S. will be able to apply to sell through Walmart.com. If approved, they’ll be able to connect their Shopify store to their Walmart Seller Account, enabling them to quickly and easily sync their product catalog and create product listings on Walmart.com.
The most important events recently are all macro-related, and hence this issue of Tidbits is very light on company-specific news…
Change is always an uncomfortable thing. In stable times, existing power structures resist change…hence progress is often slow, and incumbents often do not see or feel the sand shift beneath them. But in chaotic times, incumbent power structures are weakened and cannot hold back change.… Read the rest “Tidbits #9 – Uncertainty and Risk”
Just two weeks ago, Tidbits #6 – Shopping Edition highlighted shifts in e-commerce because of COVID19 driven by players like Shopify and Pinterest. Capital Flywheels speculated Facebook as a potential wildcard, and we did not have to wait long to see what Facebook is up to. Very, very exciting.
Starbucks – After decades championing “the third place“, Starbucks has been experimenting with newer store formats. Initially the company moved upmarket with their Reserve/Roastery formats. This one is from the Seattle location:
As previously mentioned, Nintendo is following in the footsteps of Disney and will be building theme park attractions. Bloomberg recently published more details on what that may look like ahead of Super Nintendo World opening at Universal Studio Japan:
Super Nintendo World is slated to open this summer in Osaka, featuring a Power Up Band wearable that lets visitors collect coins and battle bosses while exploring a physical environment.
Before writing any further, I want to wish you all a happy holiday season as we wrap up the decade and begin anew!
If you have a few minutes to spare during the holidays, this article is worth a read. Not only does it discuss Shopify’s strategy, it manages to do so using the context of a game that holds a dear place in my heart, Starcraft.… Read the rest “Tidbits #2”
Going forward, I’m planning on publishing posts with assorted links of interest under the headline “Tidbits”. Makes it easier to create lightweight thoughts while I wait for bigger ideas to finish baking.
A couple of items that almost slipped by during the Alibaba Single’s Day hullaballoo…
About 24% of U.S. retailers say they plan to run promotions for Singles Day, Adobe said, after conducting a poll of 402 U.S.