Business Building

Birkenstock IPO’d today at a ~$8B valuation. Its CEO Oliver Reichert did a massive turnaround in the past decade: sales 5x’d from $125m in 2012 to $1.3B in 2022. The wildest part: he has zero background in footwear or fashion. Prior to taking over the top job... See more

90% of Claude’s code is now written by AI, and this has completely transformed how they build products. The bottlenecks have shifted from engineering (writing code) to decision-making (what to build) and merge queues (getting code into production). This is happening faster than anyone expected—Mike thinks most companies will reach this point within

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48 smart things Sam Walton wrote in his autobiography: 1. It never occurred to me that I might lose. It was almost as if I had a right to win. Thinking like that often seems to turn into a self-fulfilling prophecy. 2. We just got after it and *stayed* after... See more

Steve Jobs negotiates Apple's deal with Microsoft July 24, 1997

Email from Steve Jobs to Apple employees on the day it surpassed Microsoft to become largest tech firm

hottest companies in Silicon Valley, famous for one thing: they made an extremely boring product extremely beloved. He speaks about how «technology makes it faster to build, but harder to care.» And how real quality can only be achieved by truly valuing craft, for its own sake. «This is what craft is about — the deliberate attention put into making... See more