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-Gross Margin - Before, their gross profit per bike was around $1000. Now, it's $300. This is because costs went up, and the price went down.
Jake Singer • Peloton's Flat Tire
Not only does overparenting hurt our children; it harms us, too. Parents today are scared, not to mention exhausted, anxious, and depressed.
Julie Lythcott-Haims • How to Raise an Adult — Julie Lythcott-Haims
This convexity pays off when all the information is in your head, so you can draw as many connections as possible. And those connections actually improve your retention. As you read more, more details and omissions stand out.
Byrne Hobart • The Startling Convexity of Expertise
When you’re a repeat player, when your world is your business and your business is your world, it’s all about long-term relationships. In any negotiation I believe in leaving a little bit on the table. And in any relationship I believe in sharing the stakes.
Sam Zell • Am I Being Too Subtle?: Straight Talk From a Business Rebel
In San Francisco, while Zhao still believed he was right about his grand vision, he realized he was wrong about his market. It was a crucible moment. The first version of Notion was a tool that non-coders could use to make their own apps. Disappointingly for the co-founders, it turned out, even if they were Last’s and Zhao’s actual friends,... See more