"It is difficult to overstate what a big deal this is: suddenly a Shopify merchant can compete with Amazon, a D2C startup with Unilever, or a blog with the New York Times." - @benthompson https://t.co/jh7zmNYn2M... See more

First, digital media enjoys the zero marginal costs of both software and content. Each incremental user to join Facebook, TikTok, or YouTube costs nothing. And when that user shares a piece of content, that content can reach a theoretically infinite number of people at zero cost. Some people would argue that these companies aren’t media companies, ... See more