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

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No Mercy No Malice

Person of the Year

I make predictions, which is a shitty business. If they come true, circumstances leading up to the event make the prediction seem less bold. If they don’t, the Twitter troll army comes for you. On a risk-adjusted basis, bad idea.

Like that’s going to stop me.

Time’s 2021 Person of…

Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

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

An illustration featuring the Number Crunch logo next to the text “370: The number of SPACs, or blank-check companies, that are actively looking for a target company to merge with and take public. Source: CNBC” over a background of a blank check.

370: That’s how many “blank-check companies,” otherwise known as special-purpose acquisition companies (SPACs), are actively looking for a target company to merge with and take public, according to CNBC.

SPACs are companies that raise funds on public markets for the explicit purpose of merging with a private company and taking…

Off Brand

Photo illustration; image sources: UniversalImagesGroup, Gisela Schober, Daniel Giry/Getty Images

A hip, young marketer at a hip, young agency once admitted to me something memorable. Getting a cool new brand off the ground wasn’t really the hard part of his job, he told me. What was hard was making that coolness sustainable. He compared it to opening a trendy restaurant…

Affirm’s IPO pop shows that the 2020 IPO fever hasn’t yet broken. The buy-now-pay-later fintech startup founded and run by PayPal co-founder Max Levchin went public on the Nasdaq yesterday, after having postponed its initial IPO plans in December to raise its share price from $33–$38 to $49. In doing…

The Ticker

PayPal co-founder and Affirm CEO Max Levchin makes a gesture while speaking on the show “Closing the Bell.”
PayPal co-founder and Affirm CEO Max Levchin. Photo: John Lamparski/Getty Images

Welcome to The Ticker, a series that examines everything you need to know about companies going public.

Today, Affirm will discover the value of patience.

Originally slated to go public in late 2020, Affirm, the financial services company created by PayPal co-founder Max Levchin that lets customers “buy now, pay…

Illustration: Maria Chimishkyan

Last month, Patrick Sisson wrote in Marker that Compass is building a residential brokerage with the valuation of a tech giant. For months, the splashy real estate startup backed by SoftBank sparked much speculation about when the company would go public amid a pandemic-induced booming luxury real estate market. The…

The Ticker

The Airbnb iOS app download page is displayed on the Apple App store.
Photo: Jakub Porzycki/NurPhoto/Getty Images

Welcome to The Ticker, a series that examines everything you need to know about companies going public.

More than 12 years since its founding and less than nine months after the first U.S. lockdown order, Airbnb is slated to go public. …

Marker

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

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