Just a moment...

This increase in revenue comes at the cost of long-term customer satisfaction, but nobody knows how to really measure that, so investors don’t care.

Epic post on how Nike lost $25B in a day by trying to make everything data-driven: "Nike invested billions into something that was less effective but easier to measure vs something that was more effective but less easy to measure. In conclusion: an impressive waste of money." https://t.co/YyLH98B0eH

The esports gambling industry is set to explode; cash is often not the chosen currency, and new betting formats are creating white space

Billions of dollars have been sucked out of the industry this year as it is completely shut, and virtual is making up only a tiny fraction of that.

The company failed to develop a monetization strategy.