Weekly readings – 7th November 2020

What I wrote

Some local propositions that voters approved. I personally support these proposals and think that many people will

Business

Learning from Quibi

32% of those who switched from Android to iOS did it because of Apple’s perceived security benefits to Android.

The rise of cloud in Europe – an excellent write-up by Bessemer Venture Partners

TikTok partners with Shopify whose sellers can now create TikTok content straight from their seller dashboard

Amazon’s exclusive store for luxurious brands – Luxury Stores

A profile of Discord, a communications application that looks a lot similar to Slack

Brave, a privacy-focused browser, reached 7 million Daily Active Users

Walmart+ vs Amazon Prime. As of right now, 17% of Americans subscribe to Walmart+ at least for free trials. The key, though, is how many Walmart can convert to loyal paid subscribers

Once examples of European startup scene, Monzo and Revolut have seen their valuation drop since the start of Covid

Jack Ma spectacularly tanked his company’s IPO

Technology

A brief history of PDF as the de facto file format for official documents

If you care about privacy, here is a list of alternatives to Google products

What I found interesting

The New Yorker’s profile of Signal founder

Have trees planted systematically or grow naturally?

Why do tunnels in America cost more than in other countries?

Weekly readings – 4th July 2020

What I wrote

I wrote a bit how relying on one metric, such as revenue, can be very misleading

A feature that I wish were available in iBooks

A very excellent and inspiring speech of Steve Jobs

I reviewed this book on Essentialism and this book on Personal Finance

An excellent conversation between Patrick O’Shaughnessy and Brad Gerstner

Business

New Competition Poses Limited Risk to Tesla’s US Marketshare

More than two-thirds of McDonald’s business is earned through its drive-thru operations. And internal figures suggest that nearly ten percent of many franchisee’s 2018 sales were attributed to third-party deliveries from: Uber, Amazon, Delivery Hero, Zomato, Postmates, Deliveroo, Swiggy, DoorDash, and Grubhub.

Source: 2pm

Apple’s Relentless Strategy, Execution, and Point of View

The house servant who pioneered the franchising business model

Average Target store generated $300 in revenue per square foot. The top 25% stores averaged $430 per square foot

Google revealed that news publishers kept 95% of ads revenue when using Google Ads Manager

The fall of Quibi: how did a starry $1.75bn Netflix rival crash so fast?

The real cost of Amazon

Harvard Business Review on rewards

In order for a rewards program to be a profit center instead of a cost center, the payout must be inextricably linked to desired behaviors

Investing in the unknown and the unknowable

Technology

After iOS 14, there’s almost no reason to buy an Android phone anymore

The Fasinatng… Fascinating History of Autocorrect

A cool tool to work with numbers, build models and share them more easily

What I think is interesting

The Consultant: Why did a palm oil conglomerate pay $22m to an unnamed ‘expert’ in Papua?

The value of downtime and enoughness

The true cost of dollar stores

An unprecedented investigative report by Reuters on the misconduct of judges and how the system is unfairly lenient on those judges. Have a read and see if you are not enraged by what is currently going on

How the Chinese government allegedly hacked the then leader in wireless technology from Canada and led to the demise of that company.

A good piece on how money flowing to the local police is invested. Police serve and protect the people, but they are equipped with gears and tools for wars. Who are they going to wars against internally????

“A Lesson on Elementary, Worldly Wisdom” by Charlie Munger