sari

Classpass attempts to match consumers with open spots in fitness classes. The scarcest resource in this marketplace is the availability of open spots, not the availability of demand. Since supply is much more valuable than demand, it becomes easy to charge demand for access.

In 1800, half of the people in rich countries were farmers. After technology made farmers more productive, we weren’t interested in eating 50× more food per capita (and we weren’t  that  interested in expensive ingredients and eating white truffle saffron wagyu caviar burgers for every meal) so today only 1-4% of people are farmers.

In thi

... See more

There are 74mm children in the US, which includes 45mm in low-income families covered by Medicaid or the Children's Health Insurance Program (CHIP). This means that children under the age of 18 make up over roughly 50% of all Medicaid recipients nationwide.

What if I could only subtract to solve problems?