sari

Stir is kinda of like Square, if Square was built for digital creators instead of coffee shops.

In a multi-pronged competition with Amazon, Shopify has to shed its DNA as a technology company and become a consumer company. Impressively, Shopify did another shift well enough - from being a tech company to an infrastructure company. It's preparing for the next orbital shift - moving from being an infrastructure company to a consumer company.

Moreover, I’m excited about the real user benefit that can come from balancing algorithms and curation: while Facebook and Google rightly focus on algorithms only, most content is best delivered by a mixture; getting that mixture right will likely prove to be both massively popular and massively valuable.

While musicians faced an existential crisis during a pandemic, Spotify CEO Daniel Ek’s ownership stake in Spotify climbed to be worth over $4 billion. In order to earn $4 billion, a musician earning the median wage of $25,000 would have to work for 160,000 years – in other words, they’d have to have started working before human history began.

Gamified Education: Don't try to get kids off Fortnite or Roblox. Try to add educational components on top of games kids already play.

For Platform, the key reason to focus on this is opening up another valuable surface beyond News Feed. This is important not only to expand, but because News Feed and therefore our current platform may actually be getting *less* valuable over time as more behavior moves to more private mediums like messaging.

What we do know is that investors are paying a multiple on sales that we have never before seen for a company of its size. Rivian may very well be “the next Tesla,” but that’s far from a certainty: a lot can happen in the coming years to derail or delay that trajectory.