A historical collection of our writing.
In the last two installments of Uncertainty Wednesday we looked at the concept of independence and concluded that it was actually quite a strong assumption. Now as one of the comments pointed out, independence is normally introduced in the context of a repeated coin flipping, where it is generally […] Read more (opens Continuations in a new tab)
Last Friday morning I appeared on a panel about the future of work. This is of course a topic I have covered extensively here on Continuations and is a central subject of my draft book World After Capital. One of the key recurring themes that I hear in this context is some version of “We […] Read more (opens Continuations in a new tab)
At Union Square Ventures, network effects have been central to our investment thesis for a decade. From an investor perspective network effects are one of the few, possibly the only, source of sustainable competitive advantage in a world where almost everything else can be copied quickly. But we […] Read more (opens Continuations in a new tab)
A long time ago when I worked as a management consultant, I did a study for Lafarge which has a huge cement business. The study involved real sleuthing as we were trying to determine the operational capacity of cement plants owned by others and under construction all around Europe. At times I felt […] Read more (opens Continuations in a new tab)
Last week, I provided a recap of what we have covered so far in Uncertainty Wednesday. To go on from here we need to introduce some more concepts that are usually covered earlier but that I believe will make more sense in the framework that we have now established. The first one of these is […] Read more (opens Continuations in a new tab)
Yesterday Instagram announced that it has 200 million users for stories, which exceeds Snapchat’s 160 million users from their S-1 filing. Never mind that nobody outside these companies knows what those user definitions really mean or how to compare them. This has nonetheless rekindled a debate […] Read more (opens Continuations in a new tab)
