Marker
Pop business for the intelligent reader. A publication from Medium.

There was some interesting news trending on LinkedIn last week. The headline simply read something along the lines of “Two giants of industry team up for a people-free coffee.” I knew right away that the story would be considerably more ominous than the headline implied. As it turns out, New…

Photo by Jaimy Willemse on Unsplash

“Gas prices are the highest they’ve ever been!” screamed a recent headline in the Los Angeles Times. “Pain at the pump drives Biden’s suffering in the polls!” trumpeted Politico. Really? About time to remind folks that by historical standards, it’s still pretty cheap to drive your car.

How could that…

Source: Photo by Zulian Firmansyah on Unsplash

Failure is a great teacher. In late November, mattress-in-a-box firm Casper announced that it was being taken private at a valuation roughly 25% of its last private funding round. Some lessons from Casper’s failure.

Coke Pepsi Challenge

Casper’s gross margins are a few percentage points higher than Purple’s. Higher gross margins means more…

Bosch’s painting ‘The Conjurer,’ in which a fast-fingered magician bamboozles a bunch of gawping rubes with a shell game. In the original, the conjurer holds a pea from under a shell; in this one, he holds a Bitcoin logo.

The world’s economy ground to a halt during the pandemic as millions died, production slowed or stopped altogether, and the resulting supply chain disruptions made many essential products and services impossible to deliver. And yet, the world’s billionaires added $5.5t to their net worth during that time.

https://ips-dc.org/global-billionaires-see-5-5-trillion-pandemic-wealth-surge/

Thank “financialization,”…

Photo: Jack Dorsey by Esten Hurtle via flickr/CC BY 2.0

Jack Dorsey, the man who helped create one of the most frenetic social media platforms in existence, is nothing like his creation.

Dorsey's Zen-like, almost Buddha-level presence can give the impression of disconnection. …

Revision

Image: NordWood Themes/Unsplash

While far from a successful case study, I’ll never forget stumbling across multiple copies of Airbnb’s discontinued Pineapple travel magazine in the back corner of Bouwerie Iconic Magazines in New York City. Of course, I recalled the powerful first impression Pineapple’s stories, layouts, and photography made on me — a…

Plastic container with takeout chicken wings
Photo: EasyBuy4u/Getty Images

I had Cajun-seasoned chicken wings and curly fries today from It’s Just Wings, a restaurant that doesn’t actually exist. The wings were just fine.

Some of you are already familiar with the concept of the “virtual restaurant,” but others may be less familiar. Basically, a virtual restaurant is a delivery-only…

Marker

Pop business for the intelligent reader. A publication from Medium.

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