4 dispatches
There’s been a fair amount of talk lately about proactively regulating — and maybe even breaking up — the “Big Tech” companies. Full disclosure: this post discusses regulating large tech companies. I own shares in several of these both directly (in the case of Facebook and Microsoft) and indirectly (through ETFs that own stakes in large companies) Source: MIT Sloan Like many,...
A look at what Snap’s S-1 reveals about their growth story and unit economics If you follow the tech industry at all, you will have heard that consumer app darling Snap Inc. (makers of the app Snapchat) has filed to go public. The ensuing Form S-1 that has recently been made available has left tech-finance nerds like yours truly drooling over the until-recently-super-secretive...
Technology in the 1990s and early 2000s marched to the beat of an Intel-and-Microsoft-led drum. Source: IT Portal Intel would release new chips at a regular cadence: each cheaper, faster, and more energy efficient than the last. This would let Microsoft push out new, more performance-hungry software, which would, in turn, get customers to want Intel’s next, more awesome chip.
Source: Next Generation Growth I’ve blogged before about how the economics of the venture industry affect how venture capitalists evaluate potential investments, the main conclusion of which is that VCs are really only interested in companies that could potentially IPO or sell for at least several hundred million dollars.