Gaming and Online Advertising

The online advertising market increasingly looks like it is ripe for disruption.

While a big part of this can be attributed to Apple’s recent aggressive actions to limit data-gathering, a lot of it also seems to simply reflect changing consumer behaviors.

The disruption that is coming for advertising is particularly remarkable because, for the longest time, online advertising almost appeared destined to be the “cockroach” of the Internet – Entirely undesirable yet indestructible and possibly able to survive nuclear Holocaust.… Read the rest “Gaming and Online Advertising”

Tidbits #38 – The Pastry AI That Can Detect Cancer

Hello, friends!

There’s a lot to talk about. A lot that is interesting.

A common theme that I think is becoming increasingly prevalent is the fungibility of technology. Not just software, but all of tech, including biotech, across all industries and aspects of life. What I mean is that technology is increasingly not its own confined domain, but something that is becoming foundational to everything that we do, to our future, and to our world.… Read the rest “Tidbits #38 – The Pastry AI That Can Detect Cancer”

Tidbits #36 – New Business Surge, Changing Date Nights, and a Whole New Reality

Hello, hello! 👋🏻

Here’s what I found interesting recently.


🗺 Geopolitics

#1 Microsoft Attack Blamed on China Morphs Into Global Crisis

A sophisticated attack on Microsoft Corp.’s widely used business email software is morphing into a global cybersecurity crisis, as hackers race to infect as many victims as possible before companies can secure their computer systems.

The attack, which Microsoft has said started with a Chinese government-backed hacking group, has so far claimed at least 60,000 known victims globally, according to a former senior U.S.

Read the rest “Tidbits #36 – New Business Surge, Changing Date Nights, and a Whole New Reality”

Tidbits #35 – Semis, NFTs, Media, and More

I’m sure you already know the market had a crazy week. Maybe it’s tech (and frothy valuations). Maybe it’s interest rates. Maybe it’s ARK Invest?

Who knows.

What I know is that there are a lot of tech / tech-like things going up like rockets 🚀🚀🚀 that do not and are very unlikely to eventually have tech-like economics (e.g. EVs). If I’m proven wrong, great!… Read the rest “Tidbits #35 – Semis, NFTs, Media, and More”

Tidbits #30

Hello, hello! 👋🏻 👋🏻

Thanks for reading.

A little longer than usual, but I hope you have as much fun reading it as I did writing it.

If you can’t get through all of it, please at least check out #20! It’s awesome. I guarantee it.


🗺 Geopolitics

#1 Twitter Locks Out Chinese Embassy in U.S. Over Post on Uighurs

Twitter Inc.

Read the rest “Tidbits #30”

Competing Against the Past, Competing Against the Future

Three years ago, Capital Flywheels wrote a post titled “Why Amazon is so Hard to Compete Against“.

Specifically, I argued that Amazon’s greatest advantage is not the commonly cited ones of scale or cash flow or brilliant management…

(those things make it even harder to compete against Amazon)

…but rather Amazon’s greatest advantage is that competitors never actually compete against Amazon at all but instead compete against Amazon’s past.Read the rest “Competing Against the Past, Competing Against the Future”

Tidbits #10

A hodgepodge…


🛍 Commerce

#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.

Read the rest “Tidbits #10”

Apple’s Diversified and Robust Business Model

About 2.5 years ago, I wrote a post discussing how Apple’s business model (monetization through hardware) better positions them for our coming AI-future relative to Google’s (monetization through advertising). I argued that despite Google’s leadership in AI, their ad-driven business model could potentially be damaged in an AI-centric world, limiting the (business) degrees of freedom for them to push AI adoption.… Read the rest “Apple’s Diversified and Robust Business Model”

What Apple, Google, and Facebook’s Business Models Tell Us About Their Ability to Adapt to the Coming AI-Future

 

Judging from market multiples, it’s clear the market is skeptical of Apple’s ability to continue to succeed and has been for many years (currently, 1-yr forward P/E of ~15x despite recent re-rating), while holding limited concern for Google and Facebook (both 1-yr forward at ~26x).

This concern is understandable given the ever-changing tech environment and the long list of tech companies that have been buried over time (e.g.… Read the rest “What Apple, Google, and Facebook’s Business Models Tell Us About Their Ability to Adapt to the Coming AI-Future”