Sam Blumenthal

Bitcoin is currently not a medium of exchange other than in a few niche cases. The declining number of Bitcoin transactions per day and the spikes in execution costs bear no resemblance to any functioning fiat currency. As a result, a Bitcoin valuation thesis based on it being used as a medium of exchange makes little sense, at least as Bitcoin... See more

The Importance of Stories, Euphoria, Self-Expression, Sexuality & Generational Tension

Shop LIT’s successful livestream formats include exclusive promotions, product launch announcements and seasonal sales, said Zhang. The platform is integrated with Shopify and can be accessed via the Shopify app store to list products. Each purchase on the app is fulfilled by the individual participating brand. While the app earns revenue from... See more

Even a small rise in score, such as an increase from 4.2 to 4.4 stars, often produced a meaningful improvement in sales. Across the 55 categories, the total growth opportunity—the cumulative sales increase that could be attributed to improvements in products’ star ratings—was 37 percent over the span of the growth horizon. This opportunity varied... See more

Pinduoduo found room in e-commerce, not as a competitor to search-based websites like JD, but as a new e-commerce platform focused on interactive and social shopping experiences online. Social shopping may seem like a new concept, but the reality is that in the physical world, shopping is meant to be “interactive and fun” and purchases are... See more