Weekly readings – 12th Sep 2020

What I wrote

Three documentaries that I think will intrigue and interest you intellectually

Business

FT’s interview with Reed Hastings that gave some insights into Netflix’s culture

Contactless penetration in the US is around 5-6% while that in non-US markets is around 66%, according to Visa

Bessemer Venture Partners shared their internal memos on several investments, including those in Wix, Shopify or LinkedIn

Although interested viewers need to become a Disney+ subscriber and have to pay $30 for premier access to watch Mulan, the movie reportedly garnered $33 million in its opening weekend

An extensive investigation in Nikola and its CEO

WSJ’ profile of Alphabet CEO – Sundar Pichai

The Athletic says it hits 1 million subscribers after surviving sports shutdown

For a company whose most users are female, Pinterest has a working culture designed to instead favor men

A brief profile of Andy Sassy, the CEO of AWS

The Streaming Wars Are Here: Churn Edition pic.twitter.com/XLUUO2CAcS
— Matthew Ball (@ballmatthew) September 11, 2020

Though it has made significant strides in automated driving, owners should not rely on Tesla’s driver assistance features to necessarily add safety or to make driving easier, based on Consumer Reports’ extensive testing and experience.
Most features within Tesla’s Full Self-Driving Capability suite worked inconsistently, including the Autopark self-parking system that has been around for several years.
Source: Consumer Report on Tesla

Technology

TikTok revealed some details regarding their highly regarded algorithms

A brief overview of the new changes to the App Store guidelines

What I found interesting

The True Story of Lee Kuan Yew’s Singapore

An excellent study on the impact of Covid-19 policies on the economic recovery

US households spent only 40% of the first and only stimulus check so far. Some used up the check while others didn’t use it at all

In 1980, a Vietnamese refugee arrived in Los Angeles and began crafting a new spicy sauce.

40 years later, his sauce has developed a cult following and grown into an $80 million business. His life is the embodiment of the American Dream.

Who's up for a story?

👇👇👇 pic.twitter.com/8d32ZQPcPf
— Sahil Bloom (@SahilBloom) September 4, 2020

1/

Get a cup of coffee.

In this thread, I'll help you understand 401(k)s — and other portfolios that are continuously rebalanced between stocks and bonds.
— 10-K Diver (@10kdiver) September 5, 2020

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