The Bandwagon Effect (also called “herd mentality”) is when people do something primarily because other people are doing it, regardless of their original feelings or beliefs.
Your customers want to make the best decisions.
They want to be on the winning side and fear missing out on good outcomes. So when faced with a choice about which products o... See more
Dun & Bradstreet (NYSE:DNB) is 180 years old. No business survives that long (two world wars and a civil war, recessions and depressions, market booms and busts, multiple technological revolutions, good and bad management, you name it) without an amazing structural moat. That’s the power of data businesses.
“If you think globally, you become filled with gloom. But if you take a little piece of this whole picture—my piece, our piece, this is what I can do here, I’m making a difference and they’re making a difference over there, and so are they, and so are they—gradually the pieces get filled in. And the world is a better place because of you.”
—Dr.... See more
Pinterest CEO: Here's How We Became The Web's Next Big Thing [DECK]
The biggest risk to making it in crypto is short term burnout leading to long term exit. In a world where all value seems reducible to price on a Uniswap pool, it seems only natural to believe that tokens without prices have zero value. Yet I believe that the best projects will encourage ownership while deemphasizing the short-termism that liquid m... See more
Shopify today has an enterprise value of $34 billion. Its gross merchandise value (GMV) through Q3-2019 was $40 billion, up 50% over the same period in 2018. From this GMV, it collected just over $1 billion in revenues from recurring subscriptions and payments products at 56% blended gross margins. If we assume Q4-19 will be 50% higher than Q4-18 (... See more