And other lessons from a 9-figure edtech startup
Chegg grew their stock price from under $10 to over $85. They did it by changing their business model from the ground up and investing in digital media content.
Substack can't decide if it's a CMS or a media brand. Neither could Medium. Their indecision will likely lead to similar outcomes.
An unlikely marriage where both sides win
And what it means for your job
Why and how I ran a search fund
A three-sided marketplace to bring specialty retail to the internet
It's getting kind of scary out there
Book review of The End of Accounting: there are four problems with current financial statements and intangible assets are the biggest reason why.
What is the Cash Conversion Cycle and why is it useful? In this post, we discuss the Cash Conversion Cycle formula, an example calculation, and a comparison of public retailer IPOs.
A look inside the S-1 of Wish. Included is the background of Wish, a look at their margins, how the universal postal union is changing their cost structure, how their CAC is rising and if they are viable long-term.
After a short break, Napkin Math returns with a new writer
The history of cloud computing, how DevOps and Observability became so big, and the fate of Datadog
Many schools have closed, representing a unique opportunity to buy school bus operators. With a strong moat, now might be the right time to buy.
How Amazon Marketplace works, how Thrasio built a unicorn, the platform risk associated with the strategy, and regulation concerns.
The original cloud kitchen, ten years before it was cool
Written by... a content company
Candidates earn jobs by putting in more work than their competition
In China, livestreaming has changed eCommerce. Learn about how it works, what the hosts do during the steam, and how it could impact American eCommerce.
Taking a look at the best companies deep dives of the past year, including posts on Fiverr/Upwork, Carta, Tyler Corporation, CostCo and more
A history of stock market exchanges: from fragmentation to monopoly, monopoly to fragmentation and back again.
The brand couldn’t compete against Amazon, but the acquihire was worth it for Walmart
A layman’s guide to bankruptcy
A review of the Q2 earnings: growth in digital subscriptions, a fall in advertising, and a decline in APRU due to long-term investing.
