Every company that sells products and services digitally factors in assumed losses due to fraud. Albeit a small percentage of revenue, fraud can add up to millions of dollars over time. It will continue to rise due to fraudsters getting more sophisticated and the patched-up nature of banking infrastructure. I’m excited by the large opportunity to i... See more
“We all know plenty of achievers who are miserable—high-performing, well-known people who are unutterably miserable. The question of, ‘How can that be?’ is the question I’m incredibly interested in these days.” - Tim Ferriss
Organizations are often spread too thinly across too many priorities, and too many of them are ill defined. Things tend to get added to the pile over time, and before we know it, we have huge backlogs. We're spread a mile wide and an inch deep. The problems with pace and tempo are, of course, related to having too much going on at the same time. It... See more
Alcohol producers are generally not allowed to sell directly to consumers, but rather must sell to wholesalers or distributors, who then sell to retailers, who then sell to consumers.
But the challenge with physical space-based businesses is not the size of the overall market, it's capturing enough of it in a scaleable way to build a venture backable business. A massive market with a felt need is necessary but not sufficient for venture scale growth.