Re-pricing the SaaS Bond
findthemoat The question of whether AI will disrupt incumbent software companies has become a focal point of debate in recent months in response to broader sector underperformance: Whilst I’m usually hesitant…
Business
The Economics of Selling on the Internet
Internet retailing has been a fascinating long-term case study in technology disruption where, two decades in, initial bullish expectations regarding the end-state unit economics of the industry have yet to…
Timing Matters
I re-watched this short TED presentation given by Bill Gross (not the fixed income guy, but the Venture Capitalist): Fitting neatly into this, Sequoia Capital’s biggest question for entrepreneurs is…
Micro disruptions
A key benefit of being the co-owner of an operating business is that sometimes you get very interesting investing insights from the coal face. The service my company provides is…
Narrow and deep
Imagine a product where it’s completely unstandardised with quality that varies dramatically even within the same shipment, where its value decays rapidly, and is subject to frequent supply gluts and…