The unbundling of the firm has been in flight for decades. Increased access to global labor markets brought us outsourcing. The proliferation of cloud computing and mobile took this a step further, making it possible to externalize an increasing number of key operational functions and allowing for more asset-light business models.
From Huya (game streaming) to Pinduoduo (cheap Taobao) to Dianping (Yelp for China) to Yinke, Yizhibo, Douyu, Bilibili, and Meipai (live streaming platforms) to Xiaohongshu (shopping reviews) to Duoyin (TikTok of China) to Weibo (Facebook of China), China is a rich, booming ecosystem for social. But beyond pure social, each of these aforementioned ... See more
(1) They have a Compounding Comment and Review Moat. When an account has lots of positive reviews and comments, it increases the ranking. And the higher the ranking, the more comments and reviews an account will get, and so on. So with each comment/review, the account increases its defensibility in a compounding fashion.
Introducing Figma for fashion design: Marvelous Designer, The Fabricant, and Clo 3D. These tools leverage 3D technology and allow brands to design, prototype, and ship their collections digitally. They eliminate waste (cost-savings) and enable design, pattern-making, merchandising, and styling teams to work more harmoniously. Emilio Pucci and Theor... See more