Weekly Readings – 6th July 2019

Rising U.S. Inequality: How We Got Here, Where We’re Going

How Costco gained a cult following — by breaking every rule of retail. Costco is Charlie Munger’s pick as Amazon’s biggest threat. He may have a point here.

Student Loans Are Not A National Crisis. I am a bit reluctant to add this story to the post as I don’t really like the headline. However, his points are valid. So why not? In the summary, I agree with him that wiping out college debt does nothing to address the root issue. It’s about the system that leads to the current debt situation and the lack of personal finance knowledge.

The rise and rise of a Vietnamese corporate empire. FT pulled the curtains on one of the biggest corporations in Vietnam. Both the good and the bad.

Amazon in-sourcing nearly half of its parcel transportation needs. A look at Amazon’s transportation capabilities

Understanding Financial Statements. A very good primer on the fundamentals of financial statements.

Global App Revenue Reached $39 Billion in the First Half of 2019, Up 15% Year-Over-Year. A great study on app revenue and downloads in the first half of 2019 from Sensor Tower.

Global Entertainment & Media Outlook 2019–2023. An interesting and informative report on global entertainment and media by PwC.

Making 5G pay. A look at how 5G can be monetized, how much consumers are willing to pay (an estimate) and how different 5G packages can be introduced for different needs.

All about Direct Listings. A great overview of direct listings by a16z

Weekly readings – 29th June 2019

Bodies in seats. A horrifying investigative piece on the working environment of and the emotional toll on employees who are tasked with policing content on Facebook.

Millions of Business Listings on Google Maps Are Fake—and Google Profits. Fake business listings plague Google Maps and can spell potential danger on users.

Why Google+ Failed. An insider perspective on why Google’s attempt to unseat Facebook failed.

The 70-year-old retiree who became America’s worst counterfeiter. A highly interesting story that I believe is unknown to many.

GDPR Enforcement Tracker. 56 fines since its official introduction with Google’s $50 million fine as the biggest one so far. Whether GDPR met your expectation, the most important point I think is that without regulations, how could you hold companies accountable?

How E-Commerce Sites Manipulate You Into Buying Things You May Not Want

The Insulin Racket. A deep dive into why insulin, which is very critical to many’s well-being, became three times more expensive in the span of 10 years. Drug companies profited while lives were devastated.

Jony Ive Is Leaving Apple. I like John Gruber’s take on this.

Freemium’s Public Moment. Some interesting head-to-head comparisons between Fremium-based companies

Amazon is watching.

Weekly readings – 22nd June 2019

“Amazon’s Choice” Does Not Necessarily Mean A Product Is Good. Amazon’s Choice is a popular trigger to shoppers about a product’s quality and popularity. This piece sheds some light on the feature.

Algorithms Won’t Fix What’s Wrong With YouTube.

How a janitor at Frito-Lay invented Flamin’ Hot Cheetos. An amazing story about the VP of PepsiCo from a janitor to a C-Suite executive of a world class corporation. “I do have a Ph.D.,” he responded. “I’ve been poor, hungry and determined.”

This psychologist explains why people confess to crimes they didn’t commit

IAB Podcast Ad Revenue Study: An Analysis of the Largest Players in the Podcasting Industry

Reuters Institute Digital News Report 2019. A very interesting study on consumption of digital news across countries

Tesla, Facing Setbacks and Skeptics, Tries to Get Back on Course. A nice overview of Tesla’s situation

Why Google’s Advertising Dominance Is Drawing Antitrust Scrutiny

The ambitious plan behind Facebook’s cryptocurrency, Libra. A quick overview of Libra, if you don’t have time to read the supporting documents released by Libra Org.

Scooter Breakdowns Weigh on Lime

Weekly readings – 15th June 2019

iOS 13 now shows a map of where apps have been tracking you when requesting permission. Your location at any given time is sensitive information. This feature will allow you to protect your privacy from apps

They See It. They Like It. They Want It. They Rent It. An important shift in consumer behavior.

A mentalist’s guide to being happy

Internet Trends 2019. The annual highly anticipated report by Mary Meeker is here.

Shopify unveils first State of Commerce Report

The I in We How did WeWork’s Adam Neumann turn office space with “community” into a $47 billion company? Not by sharing. Personally, I am not a fan of the hype given to WeWork despite all the glaring issues the company has shown so far. Read the article and see if you are still comfortable with your own evaluation of WeWork

Maine Governor Signs Strictest Internet Protections in the U.S. I am in favor of this bill. Internet is now an indispensable part of our life and so is our privacy. Why do Internet service providers whose services we PAY have the rights to our data without our consent?

The New York Times has a course to teach its reporters data skills, and now they’ve open-sourced it. Kudos to the Times for investing in its reporters and props to them again for open-sourcing the materials.

Weekly readings – 8th June 2019

Uber’s Path of Destruction. A critical great read on the challenges that Uber faces due to its business model.

Life hacks from Marcus Aurelius: How Stoicism can help us

Underwater Drones Nearly Triple Data From the Ocean Floor. Fascinating use of drones to explore what is still largely a mystery to us.

An interesting conversation with Naval on various topics such as AI, reading, how to be happy and so on. I do agree with him on AI, yet disagree with him on the way he gave an example of socialism. Nonetheless, it is a conversation worth listening to while driving, on a bus or in a gym

The NBA Finals Have Never Seen a Coach Like Nick Nurse. I find it interesting since I never knew about Nick Nurse, yet he has done a marvelous job guiding Toronto Raptors to one win away from the NBA championship. The team has played really well against the defending champions. His journey in England and learning his crafts in a country where basketball isn’t remotely popular is captivating.

Weekly readings – 31st May 2019

The Future Of Fashion: From Design To Merchandising, How Tech Is Reshaping The Industry. How technology is affecting the fashion and retail industry.

Investing in the Podcast Ecosystem in 2019. A lot of great findings on the podcast ecosystem

Want a great deal on a house? Find one where someone was murdered.

Grab vs. Go-Jek: Inside Asia’s Battle of the ‘Super Apps’. An interesting story about the heavyweights in Southeast Asia in a race to become the dominant Super App

Hollywood Studios Say They’re Quitting Netflix, But the Truth Is More Complicated. Though it’s true that most of Netflix’s popular shows are titles owned by others, Netflix already has the titled tied up to its platform for a foreseeable future.

Sprint’s 5G network is here, and it’s completely different from what Verizon and AT&T are doing. Top speed/spotty coverage vs reasonably fast speed/better coverage. It’s an important point to know about the 5G battle between AT&T, Sprint and Verizon.

Apple’s Billion Users. A very interesting analysis into Apple’s subscription base and its importance to Apple’s future.