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11 Feb, 4 tweets, 2 min read
has anyone mustered even a half hearted attempt at rationalizing MSFT for PINS?
Meanwhile, yesterday @jack said: "We want to be a place that you can also use for recruiting, which we're seeing a lot of people coming together over interest and deciding that they want to work together"

Can you say synergy
Hi @jack!
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More from @modestproposal1

modest proposal Profile picture
9 Feb
Have spent time thinking about and discussing the professionalization of supply on marketplaces, and how it seems an inevitability.

Can see capital really starting to pour into professionalizing Third Party sellers on Amazon now.

marketplacepulse.com/acquirers Image
Was interesting to go back and read the ILTB with CEO of Thrasio.

"It was like entrepreneurship in a box, and now suddenly they're having to do all this stuff, have this particularly expertise, and then it's getting very competitive"

joincolossus.com/episodes/28372… Image
Amazon had clearly already commodotized supply just given their dominance of ecommerce demand, but still interesting to see it take shape as expected, with smaller suppliers losing out over time in marketplaces

Read 6 tweets
modest proposal Profile picture
9 Feb
In light of current debate, this was certainly one of Yellen's most interesting speeches as Fed Chair. She posed the question:

"Are there circumstances in which changes in aggregate demand can have an appreciable, persistent effect on aggregate supply?"

federalreserve.gov/newsevents/spe…
I remember it well because she walked it back shortly thereafter, as if it was entirely too dangerous to even pose the question around running a high pressure economy while at the Fed. At the Treasury, tho...

She also made some interesting comments throughout 2018

Read 5 tweets
modest proposal Profile picture
6 Feb
Great essay as usual by @ballmatthew on Apple and why it is a threat to and impediment of development of the next stage of the internet matthewball.vc/all/applemetav…
“Apple is inhibiting this future Internet. And it does so via tolls, controls, and technologies that not only deny what made and still makes the open web so powerful, but also prevents competition, and prioritize Apple’s own profits.” Image
“Apple does not want a digital world built and innovated upon interoperable standards, device/endpoint agnosticity, and without Cupertino.” Image
Read 5 tweets
modest proposal Profile picture
5 Feb
This is a very good interview. You may agree in principle with notions of greater privacy, but it's interesting to try and understand what Apple is doing, how self serving it appears to be, and what the ramifications are beyond a pissing match with Facebook.
This point on the impact on DTC brands and potentially Shopify is interesting. But also, something Ben had written about before, which is that this is just going to drive Facebook, and users, towards shopping on Facebook/instagram.
"I think Apple sees that the App Store has basically become irrelevant as a point of content discovery. It’s basically this kind of frictional, annoying moment between clicking an ad and installing an app"
Read 6 tweets
modest proposal Profile picture
15 Jan
FANGM is dead, some charts
Facebook and Google are approaching the market multiple, while getting sued for being monopolies
Netflix trades cheap to Disney even allowing for recovery in Parks
Read 5 tweets
modest proposal Profile picture
18 Dec 20
A bipartisan issue if there ever was one. Civil asset forfeiture is an abomination.
For new followers
A classic article on abusive civil forfeiture newyorker.com/magazine/2013/…
Read 6 tweets

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