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By automating drink preparation and operating tiny shops, the NYC coffee upstart could be the biggest threat to Starbucks yet

There are 4,000 coffee shops in New York City. Blank Street thinks they’re all doing it wrong. The company just raised $25 million from Tiger Global and General Catalyst to blanket the city with mobile carts and micro-stores serving low priced, high quality coffee.

What is Blank Street?

Finding a cup of coffee in…


The victory condition isn’t highest profits, it’s market dominance

Two tough guy caricatures brandish clubs at one another; one wears a lapel badge with the Google logo; the other bears a badge with Microsoft’s. Between them is an open treasure chest, with the logos for Novell, Nortel and Motorola sticking out of it. In the background is a desaturated, blurred, low-contrast field of cellular masts.”

Capital-as-power, a framework from Jonathan Nitzan and Shimshon Bichler, holds that companies don’t seek to be as profitable as possible — but rather to accumulate as much power as possible. A company doesn’t seek to be as big as possible, but rather, as dominant.

https://capitalaspower.com/

There are two strategies for…


Trend Mill

Retailers are skipping queues for convenience, but at what cost?

When Amazon launched its first cashier-less store in 2016 — a ‘just walk out’ store as the company prefers — it blew people’s minds. Was it an end to the dreaded supermarket queue? The ability to walk into a store, do your shopping, and leave without standing in a queue…


No Mercy/No Malice

Digital ad fraud could be a $150 billion business by 2025, which would make it the largest criminal enterprise after the drug trade

If Edward Snowden was injected with a megadose of Super Soldier Serum, he’d look something like Frances Haugen. Perhaps Haugen’s disclosures — that among so many other evils, Zuckerberg knew Facebook’s products “harm children” — means that Facebook has crossed the wrong cowboys, specifically … cowgirls who are moms. …


As the clothing rental company prepares to go public, its S-1 filing reveals a brand that’s high on style but short on substance

WTF Is Depreciation?

Nothing gets my heart racing like the phrase “the most ridiculous thing I’ve seen since WeWork,” so my palms got sweaty when I saw this Tweet:

All assets have limited lifespans. Trucks can only drive for so many miles. Computers and IT hardware become obsolete. When’s the last time…


Number Crunch

Some investors warn that the eyewear company is being viewed through rose-tinted glasses

$6 billion: Warby Parker’s staggering valuation after its stock prices soared 36% during its debut on the stock market last Wednesday.

Many eyeballs were fixed on Warby Parker’s stock market debut on September 29, eager to see how the market would react to a DTC brand going public. The company…


The clothing chain lures younger customers with a treasure hunting experience similar to a thrift store

At this very moment, there is a member of Gen Z thinking of buying a ripped shirt because it’s fashionable. While I, a Millennial, don’t understand the appeal, I know I’ve been suckered into a few questionable fashion choices. …


Paying in installments is just a Trojan horse for the payments company’s plans to become a shopping destination

If Sebastian Siemiatkowski made the boat, Klarna wouldn’t exist. Siemiatkowski, Klarna’s co-founder and CEO, was backpacking around the world without taking any airplanes. Missing a cargo ship in Australia delayed his schedule so that instead of enrolling in a masters program in Sweden, he spent a year working for an…


It aspired to change the world of media. Instead, Ozy flamed out in classic old school style

Ozy.com home page

Ozy was always more than a tad pretentious. “Who in their right mind would name their company after Ozymandias?” one friend recently asked. …


A little-known startup has taken the automotive world by storm with the world’s first electric truck

For the past 80 years, the automotive industry has been difficult to break into. Incumbents reigned supreme, and startups — much less successful ones — were few and far between.

When electric vehicles were still in their infancy in 2012, Tesla stunned the world by bringing a successful luxury electric…

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