Now that companies like Shopify have turned software into a commodity, what distinguishes you isn’t whether you can write code, but whether you have something to say and an audience to say it to.
If you have sleep problems, or are the sort of person who might be worried your sleep isn’t as good as it should be, tracking how much you are getting can become an unhealthy fixation. “If you have a device that is telling you, rightly or wrongly, that your sleep is really bad then that is going to increase your anxiety and may well drive more chro... See more
The higher the customer retention and the faster you can move a cohort of customers to peak customer spend, the more likely you are to make the unit economics work.
They have 250k subscribers, but there are likely some people who subscribe to multiple publications. Let’s say there are 275k active subscriptions from those 250k subscribers. At $8 per month, that’s $2.2 million in monthly gross revenue. Substack takes 10% of that as their fee, so that would leave about $220k in monthly revenue for Substack. Multi... See more
In fact, you can probably make the case that in the long run, the coronavirus pandemic might help sustain the current paradigm of higher education, rather than destroy it. All it takes is one year of seriously threatening to take away everything that makes college great for us to be reminded why it’s so hard to opt out. Yes, some schools will go un... See more
A16Z is realizing that innovation is becoming even more important and that it’s becoming much harder to figure out what to build and who to build it with.