Jonathan Quaade
@jonathanquaade
Jonathan Quaade
our quantitative
understanding of elasticity is shortterm we can estimate what a price reduction will do this week in this quarter but we cannot estimate the effect that consistently lowering prices
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
unfortunately you can't trust people's facts and
Jeff Bezos on lowering prices this week or this quarter.
Pricing is psychology like all the pricing videos I watched and you can't say raising or lowering prices would be better.
Graham Duncan felt that when he starting advising and changed 400 a week and raised it to 22000 a week and got way more business.
Peter enjoyed pointing out that while most things valuable are pretty hard to do, few truly difficult things are of much value at all (the many possible examples are obvious). Underwriting risk in millions of real-time financial transactions per day is a tricky, but very lucrative, business at scale -- PayPal is a valuable solution to real problems
... See morearchive.org • Some Lessons Learned
Edmond Lau
The New Luxury Pyramid: In the time of the 'Oat Milk Elite', status signifiers can be difficult to decode. What once might have been a universal signal of wealth like a Rolex or a Chanel Bag, now can under certain circumstances instead ironically communicate the lack thereof. These days, it seems like we prefer signs that are harder to fake. Taking a photo with a Birkin? Easy. Maintaining your yuppie deluxe lifestyle with two kids and a mortgage? A little harder. Think caseless iPhones, 10.30am fitness classes, not having roommates.
She understands that children are a pleasure-seeking species, and that adolescence is a delicious last gasp (the light is most golden just before the shadows fall) of rightful selfishness and cluelessness.
Each person’s mind is hungry for different things (different nutritious things, at least), and each person’s big question will be different.
Packy McCormick • Long Questions/Short Answers
“What does a beautiful thing tell you?” Patrick asks. “It tells you the person who made it really cared."
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