תוכן מסופק על ידי Byrne Hobart. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Byrne Hobart או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
Player FM - אפליקציית פודקאסט התחל במצב לא מקוון עם האפליקציה Player FM !
This episode is brought to you by Landrum Talent Solutions, a national recruiting firm specializing in marketing and HR positions. Our guest today has been keeping us up to date with the current state of hiring for marketers on a quarterly basis, which has taken us on quite a roller coaster ride. Today we’re going to look at how marketing and communication execs are responding to the latest developments in the world while still needing to get their work done. To take a look at the latest here, I’d like to welcome back to the show Sue Keith, Corporate Vice President at Landrum Talent Solutions. About Sue Keith Sue Keith is Corporate Vice President at Landrum Talent Solutions. With deep expertise in navigating complex labor markets, Sue has a front-row seat to the evolving dynamics of marketing roles, hiring trends, and the broader implications of AI and economic uncertainty. RESOURCES Landrum Talent Solutions: https://www.landrumtalentsolutions.com Catch the future of e-commerce at eTail Boston, August 11-14, 2025. Register now: https://bit.ly/etailboston and use code PARTNER20 for 20% off for retailers and brands Online Scrum Master Summit is happening June 17-19. This 3-day virtual event is open for registration. Visit www.osms25.com and get a 25% discount off Premium All-Access Passes with the code osms25agilebrand Don't Miss MAICON 2025, October 14-16 in Cleveland - the event bringing together the brights minds and leading voices in AI. Use Code AGILE150 for $150 off registration. Go here to register: https://bit.ly/agile150 Connect with Greg on LinkedIn: https://www.linkedin.com/in/gregkihlstrom Don't miss a thing: get the latest episodes, sign up for our newsletter and more: https://www.theagilebrand.show Check out The Agile Brand Guide website with articles, insights, and Martechipedia, the wiki for marketing technology: https://www.agilebrandguide.com…
תוכן מסופק על ידי Byrne Hobart. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Byrne Hobart או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.
תוכן מסופק על ידי Byrne Hobart. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Byrne Hobart או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week.
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Compensation as Game Design (13:00) - More on Talent (14:21) - Financial Engineering (15:06) - Where We Are in the Cycle (15:46) - Product/Service Complementarity (16:41) - The Missing Panic…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - What We'll Lose With AI (09:05) - Platforms and Reputation (10:35) - General-Purpose Technologies (11:26) - Court Politics (12:46) - Post-Ozempic Snacking (13:20) - The Next Phase of Crypto Treasury Strategies…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - In Defense of the Ad Economy (09:45) - Wage Elasticity (11:23) - Coopetition (11:58) - Capital Structure (12:46) - Market Breadth (14:26) - Playing Chicken…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Gonzo Startups (07:01) - Don't Bet on a Third World War (08:11) - Perplexity (08:39) - Equity Compensation (09:36) - Hiring (10:36) - LLM SEO!…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Reasoning Models Don't Really Reason, But It's Fine: Computers Don't Really Think in 1s and 0s, Either (05:51) - Guidance (06:21) - Correlated Outages (06:57) - Attrition (07:52) - Policy Impact (08:35) - Antitrust…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Search Remains the Best Business in History (09:38) - Equity Market Vigilantes (10:27) - Scale (11:15) - Volatility (12:02) - Tariff Impact (13:03) - Splits and Synergies…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Democratizing Complicated Financial Products is Inevitable, but Fraught (08:27) - Startup Fraud (09:09) - Automation (09:52) - Motivations (10:31) - Ads (11:15) - Utilization…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - And, elsewhere: (00:03) - Banking (00:44) - Financial Engineering (01:20) - Hiring and Game Theory (02:38) - Currency Blocs (03:13) - AI SEO
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - TK Competing Elite-Selection Mechanisms (06:39) - Left-Tail Outcomes (08:18) - Downgrades and Giffen Goods (10:21) - Bearer Instruments (11:27) - Currency (12:07) - Shipping…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Arbs Close, Infrastructure Remains (06:41) - Abundance and Realignment (07:17) - AI Undeath (08:11) - Basic Capital (09:42) - Tariffs (11:28) - Insurable Risks…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - When Step One is to Light Money on Fire and Measure How Fast it Burns (06:21) - Groupchats and Norms (09:56) - Venture (10:23) - Made in America (11:08) - Real Estate Elasticity (11:47) - Lagging Investments…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Thinking-Things-Through Privilege (08:11) - Trade Negotiations (10:05) - M&A (11:09) - AI and IP (11:58) - Consolidation (12:42) - Sourcing…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Information Economies and Institution Economies (07:58) - Distribution (09:19) - Non-Tariff Barriers (10:24) - Low-Background Text (11:08) - Application Layer (12:05) - Socks…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Finance as a Scale-Invariant Global Computer (06:29) - The Market (08:45) - Supply and Demand (09:38) - The March Continues (10:43) - ETFs (11:42) - Intellectual Property…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - "Do Firms Need Juniors?" Might be the Wrong Question (06:02) - Solve for X + X (07:45) - Refactoring (08:21) - AI and Distribution (09:11) - How Models Think (10:14) - The AI Business Model…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - There's More Than One Efficient Market Paradox (08:06) - Reciprocal Tariffs (08:46) - AI Purgatory (09:24) - Payments and Credit (10:47) - LinkedInFluencers (11:43) - Efficient Markets…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Klarna and the Two Pivots of 2022 (11:00) - Crypto Adoption (12:26) - Art Margin Calls (13:13) - Liquidations (14:07) - Corporate Espionage (15:26) - DeepSeek…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Text and Telos (07:03) - Scaling (07:49) - Retail Investors (09:12) - Comparative Advantage (09:47) - Transaction Costs and Corporate Structure (10:58) - DeepSeek Governance…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Tools, Agents, Interfaces, and Synthetic Luck: AI Interaction Models (06:40) - Lyft Got Fined For Telling the Truth and is Now Compelled to Lie to Drivers (09:59) - Ozempic and Signaling (10:41) - Wargaming and Pivots…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Tokenomics, Revisited (04:41) - AI and Education (06:59) - Money Laundering (07:54) - Agglomeration Economics (08:49) - Threat Models (09:24) - Universal Hardware…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - And, elsewhere: (00:01) - Capital Structure (01:12) - Designer Brands and Transaction Costs (02:45) - SMBs (04:27) - Top-Down Market Reform (05:10) - Chosen Obligations…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Money and Legitimacy (06:53) - Moats (07:36) - Big Tech Sees Like a State (08:43) - Shifting Costs (09:31) - Managing Macro (10:11) - Experimentation…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Auto-Paternalism (05:11) - Growth (06:58) - AI Deployment (08:06) - S-Curves and TV (09:04) - Increasing the Asymptote (10:00) - China
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Look for Boring First (07:27) - Moderation (08:46) - ex-SBC (10:26) - Platform Risk (12:51) - Strategic Resources (13:40) - Meta and AI
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Will The EU Choose to Compete? (13:45) - Unit Economics (15:02) - Coreweave and Capital Structure Arbitrage (15:57) - AI and the Distribution Problem (17:10) - Markets and Narratives (18:15) - Convergence…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - On Currencies (08:23) - Taiwan and the US (09:11) - Massaging the Numbers (10:09) - First Loss (10:56) - Pods (11:54) - Fake Offers
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - What, Exactly are we Trying to Tax? (11:40) - Correlations (12:33) - Reorganization (13:57) - Dating Copilots (15:24) - Thematic Investing (16:42) - Bid Density…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Mission and Variance (05:37) - Transitory, After All (07:38) - The Amazon Model (08:46) - Contextual Ads (09:57) - The PE and Sports Transition (11:24) - Credit and Insurance…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Building the Oracles (07:07) - Price Discrimination in Media (07:53) - AI-Generated Propaganda (08:54) - War Economies, Redux (09:40) - Unbundling and Rebundling (10:26) - Attrition…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Our Surprisingly Capital-Abundant World (05:58) - Audience Capture at Two Levels (06:58) - Does Crypto Add Value to Financial Markets? (09:21) - Continuation Funds, Club Deals, and the New Equity Market (11:07) - Implementation Details (12:30) - Anti-Goldilocks Economy for Junk Loans…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - P&L Beta: How Much You Keep out of How Much You Make (06:51) - A Word From Our Sponsors (07:25) - Narratives and Volatility (08:14) - The New Acqui-hire Model (10:34) - A Good Trade (11:55) - Terms (12:57) - Celebrity AI Economics…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Meta's Open-Source AI Economics, Re-Revisited (08:26) - A Word From Our Sponsors (08:29) - The Quantum Gambit (09:33) - Monetizing Volatility (10:45) - Banking and Credit (12:03) - How Long is the Long Game? (13:26) - Sticky Expectations…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Software is the new Hardware (07:18) - Vendor Risk (08:19) - Hardware and Software (09:44) - Compounding (10:41) - AI as an Interface (11:38) - Rotation…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Quality Factor (05:21) - Predictions (07:03) - The 4Chan of Crypto (07:54) - Adverse Selection (08:57) - AI and Ads (09:59) - Algorithmic Collusion…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - “Bullshit Jobs” is a Terrible, Curiosity-Killing Concept (17:48) - A Word From Our Sponsors (18:30) - Sanction Economics (20:00) - Exiting (21:19) - Building Complements (22:18) - Shares and Votes (24:00) - Quality Problems…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Supply Chain of Talent (07:36) - Getting the Cycle Right (08:55) - Regulatory Arbitrage in E-Commerce (10:04) - Dry Powder and Meta-Stability (11:11) - The Split Market (12:00) - Transmission Mechanisms…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Fertilizer and Toxins (07:50) - Margins (08:41) - A Better, Costlier Alexa (09:30) - Elasticity (11:08) - Counterparty Risk, Served Two Ways (12:20) - The Universal Denominator…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - "Nobody Knows Anything": Backtests are Hard (06:59) - The Economics of Hacking (07:43) - Lead Generation (09:30) - Adverse Selection (10:58) - Tip Economics (12:36) - First and Last Resort…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Bid Ask View of Who Gets to Raise and What Gets Traded (06:40) - A Word From Our Sponsors (07:38) - Privacy and Insurance (08:59) - AI Fragmentation (09:40) - Too Central to Fail? (10:45) - Meritocracy (11:54) - Activism…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Details! (08:53) - A Word From Our Sponsors (09:48) - The Google Feedback Loop (10:42) - Fees on What? (12:41) - The Micro Meta Turnaround (14:34) - Yes, We're Doing the Meme Stock Thing Again (15:39) - Diverisification…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Get Used to a More Hallucinatory Search Experience (09:19) - Cap Structure Arbitrage and Elon Musk (10:51) - Active, Passive, and Risk (12:57) - Convergent Evolution (14:09) - Market Timing (15:01) - It's All Ads!…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - One Edge or Many? Reflections on Renaissance Technologies (11:22) - Retention (12:24) - Training Data (13:20) - Social Networking Primitives and Local Maxima (14:33) - Renting (15:02) - Ads…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Invisible Efficiencies (06:49) - Making a Market (07:53) - Outsourcing (09:35) - Multicloud (10:53) - Can Frackers Collude? (12:37) - Infrastructure (13:25) - Area Man Tweets…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Martingale Beliefs (07:18) - Country Equity (08:25) - Costs and Benefits (09:38) - Continuation Funds (10:36) - Deepfaking the Dead and the Last Generation of Celebrities (11:47) - Mature Financial Systems…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - AI Ruins Education the way Pulleys Ruin Powerlifting (12:38) - The Other Kind of Bank Unwind (13:30) - AI Asset Plays (14:15) - Retail Rides Again (14:59) - Single-Family Rentals (16:21) - AI Math…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Who's Afraid of Index Funds? (10:25) - The Market for Data (11:52) - Crowded Careers (12:42) - Black Boxes, Everywhere (13:32) - Externalities (14:45) - Intra-Elite Conflict…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Most Market Phenomena are Older than they Look (06:58) - Labor Arbitrage (07:40) - Reddit and Search (09:23) - On-Prem (10:21) - Audience of One (11:07) - Ads Everywhere…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Data Business, At Three Resolutions (08:45) - The Instagram Numbers (09:57) - Trader Pay (11:08) - The Distribution of Near-Misses (12:54) - Benefits (13:34) - Funding Cycles…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Algorithmic Collusion (08:38) - Operationalizing Secrecy (09:36) - Product Convergence (10:00) - Black Box Update (10:49) - Data Scarcity (11:41) - Cash Management…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Duolingo Disaster That Wasn't (07:34) - Chatbots (08:31) - Alpha Capture (09:45) - Coreweave (10:58) - Preannouncements (11:41) - AI's ROI…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Case for Marking More to Market (06:47) - Petrodollar Recycling (07:44) - Importing Talent (08:19) - Self-Regulation (09:38) - Apple/Google (10:39) - Exits…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Death Spirals (05:19) - Ads! (06:10) - Healthcare and Insurance (07:01) - Transition Economics (07:46) - Volatility (08:49) - Strategic Investments…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Should You Hedge It All? (07:22) - Apple Car (08:35) - State-Directed Investment (09:26) - Flywheels and Bubbles (10:28) - Inflation Impacts (11:42) - Vertical Integration…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Exposed! Your Torrid Love Affair With Airline Fees (08:43) - Malicious Compliance (11:01) - Sanctions and Third Countries (12:00) - Bing and BATNAs (13:19) - Celebrity Endorsements and Binary Outcomes (14:10) - Supply/Demand Balance…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Building for Power Users (10:16) - Adtech and "Sky Bridges" (11:04) - SuperMicro! (12:57) - GDP YoY (13:43) - Black Boxes (14:43) - Pods and Cycles…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Antithesis: Debugging Debugging (12:59) - Rebooting (13:40) - AI, UGC, and Communities (14:18) - Land Rushes (15:21) - AI and Share Shift (16:20) - Nirvana…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - AI-Based Disinformation Will Not Be An Especially Big Deal in the 2024 Election (06:10) - Discount Pods (07:22) - China and Real Estate (08:26) - Microcaps (09:30) - Unraveling (10:14) - Market Structure…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Is "Social" an Enduring Category or Just a Phase? (07:13) - The Carbon Discount Rate (08:43) - Alternative Data (10:16) - Transitory Lessons (11:17) - App Economics (12:15) - Where Does the Basis Trade Come From?…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Being Not-a-Tech-Company (08:52) - Media (10:41) - News: Supply and Demand (11:56) - Preferred Habitats (12:49) - Liquidation (14:12) - The Activism Cycle…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Momentum, Intellectual Humility, and Missing Pieces of the Model (06:57) - War Finance Meets Green Finance (08:03) - AI-Assisted Creativity (08:56) - Property Rights and Mortal Institutions (09:41) - Complements (10:25) - Hedge Funds…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - A Theory of Grift (08:40) - Buy The Change You Wish to See in the World (10:27) - Schmuck Insurance (11:22) - Uncertainty (12:23) - Block Trading (14:59) - Ads…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Why Does Any Company Own its Corporate Headquarters? (09:36) - The Noise Election (11:04) - Automation (12:03) - Complementary Businesses (14:26) - Talent Cycles (15:22) - The Mechanics of Regulatory Moats…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - How Many Trillion-Dollar Companies Should There Be? (09:57) - Choice (11:09) - Durables (12:01) - Lobbying (12:55) - The China Model (13:37) - Training Data…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - How Should Higher Education Be Financed? (10:28) - Accredited Investors (11:54) - Gambling on Gambling (12:41) - Price Discrimination (13:25) - In Play (14:19) - Even More Product Convergence…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Graduating to Parallelized Strategies (07:16) - AAI (08:13) - OpenAI (10:36) - Twitter (11:31) - Pod Shop Math (12:22) - Privacy, Security, and Monopoly…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - In Investing, and in Life, The More Timeless the Discovery the More It's a One-Off Gain (08:01) - Airlines (09:21) - Deflation (10:07) - VC (10:32) - Automation (11:13) - Vertical Integration…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Can Argentina Dollarize? Should They? (07:06) - 0DTEs (08:57) - Corporate Politics (09:45) - Ads and Sports (11:15) - AI Creating Jobs (11:48) - Marketing Real Estate…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Risk: Too Much, Too Little, the Wrong Kind, or the Wrong Measure? (05:55) - OpenAI's Oops D'Etat (11:05) - Meta (12:10) - Unit Economics and the Japanese Labor Force (13:15) - Cruise (13:50) - Growth and Corruption…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - What Do Proof-of-Work and Proof-of-Stake Really Prove? (05:12) - Social Network Nuances (06:02) - The Cost of Dropping Ads (07:03) - Credit Outlook (08:10) - Investment Niches (08:51) - Wages…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - LLMs and Communicating in More Dimensions (04:58) - Cruise's Asymptotes (07:02) - Shrinkage (08:12) - Open Source Economics (09:12) - Derivatives and the Underlying (09:53) - Shorting…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Long, Long View of Interest Rates (10:46) - Insiders (13:12) - Threads (14:09) - Where the Pandemic Didn't Happen (14:49) - Leftovers (15:19) - Opportunity Cost…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Economics of Startup Swag (05:18) - Trappings of Success (06:27) - Globalization and the Movies (07:29) - AI & IP (08:46) - AI & Religion (09:48) - Innovator's Dilemma Epicycles…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - A Bull Market in Facts; A Bear Market in Narratives (06:09) - The Decline of Meme Stocks (07:16) - Volatility (08:12) - Lobbying as a Competitive Advantage (09:09) - Goldman (10:16) - "Name and Shame"…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Predicting, and Knowing What to Predict (07:27) - FTX Addenda (10:41) - Slack and M&A Integration (11:41) - The Global Meme Stock Rally (12:57) - Shrinkage (13:33) - The Coasian Border in Ridesharing…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Paradoxes of Productivity Growth (08:11) - New FTX (10:08) - Apple Search (11:16) - The IPO Window (12:04) - Markets in Everyone (12:55) - The Dollar…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - "Capital Light" is a Trait of the Cycle as well as the Industry (06:21) - Individual Bets and Risk Premia (07:50) - Tinder's Price Discrimination (08:38) - Smartphone Competition (09:26) - The Partner-With-AI Arms Race (10:29) - Mediocre Success…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Making A Match (11:49) - Instacart: Ahead of the IPO (13:47) - Movie Clips and the Piracy Equilibrium (15:00) - EVs and Public Choice Theory (16:39) - Banks Retrench (17:32) - China's Lost Decade?…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Price-First or Thesis-First Research? (08:35) - Aging Up (09:31) - Housing (10:33) - Virality (12:05) - LLM Arms Races (13:26) - The Uber of X…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Supply Chains of Bits and Atoms (08:21) - 7nm (09:20) - New Yahoo (10:39) - Red Teams and AI Unit Economics (11:52) - Horizontal Expansion (12:57) - Private Markets…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Instacart is the Best and Worst Grocery Business Imaginable (14:47) - New Cities (15:21) - Scraping (16:19) - Klaviyo (17:03) - Crowdfunding (17:36) - Maturity Matching…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Should We Expect Valuations to Mean-Revert Over Time? (11:48) - Sushi (12:40) - Modeling Demand (13:35) - China's Debt (14:24) - Coevolution and Pulling Up the Ladder (15:21) - The Venn Diagram Career…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Inside the Decline of Stack Exchange (11:20) - The Other X (13:14) - Refinancing China (14:06) - The Activist Short Death Spiral (15:10) - Rebundling (16:05) - Fitness Bands…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Information as a Universal Complement and Universal Substitute (09:14) - Making a Market (10:25) - Financial Innovation (11:02) - IRL (12:10) - Open-Ended Liabilities (13:19) - Meme Stock Relapse…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - You Hate The Products You're An Early Adopter Of Because of Invisible Base Rates and Anthropic Bias (06:54) - The Big Tech Cycle (08:00) - Chinese Consumer Internet Competition With American Characteristics (08:32) - Reallocating (09:38) - Durables (10:07) - Crypto Use Cases…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Don't Get Addicted to Fantasy Economics (07:04) - Exporting Clean Energy (07:48) - Reverse Turing Tests (08:56) - Syndicate Economics (09:51) - Integration (10:38) - Data…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - It's Hard to Build a Durable Business Selling Durable Goods (13:02) - Wrappers and Layoffs (13:53) - The Movies (15:38) - Evaporating Sanctions (16:09) - Bonds (16:52) - Errors in Translation…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Was it Worth it for Facebook to Become Meta? (09:38) - Carbon Accounting (10:48) - Social Mobility (11:23) - To Replicate or To Replicate (13:06) - Energy Transitions (14:04) - Financing…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - AI Turns UGC into a PVP Zone (07:04) - Goldman (08:17) - ETFs (09:02) - Dispersion (10:09) - Softbank (11:20) - Contrarianism
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Economics of Engineering Blogs (08:27) - Art Exchange (09:51) - Fraud (10:56) - Airlines (11:44) - The Long Tail (12:29) - Chinese IPOs
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Reddit and Platform Politics (09:12) - The Boomer Market (10:18) - Network Effects (11:20) - Direct to Retail (12:08) - Strategic Investing (13:05) - ByteDance and AI…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Where Does Stripe Go From Here? (10:43) - Deal Flow (11:32) - Proprietary Data (12:31) - Beyoncéflation (13:09) - Pricing and Local Maxima (14:28) - Funds and Spoils…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Unavoidable Drawdowns (06:45) - Dumb Money (08:08) - Adversarial Environments (09:04) - Coasian Bargains in Immigration (10:05) - Asset Allocation (11:23) - Lock-In…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - In Defense of Made-Up Metrics (07:32) - Scaling the Non-Scalable (09:49) - VR and Platform Ownership (11:15) - What is a Bank? (12:19) - The Non-Recession Recession, in One Graph (13:23) - Going Direct…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Data, Prices, and Central Planning (09:02) - Japan Remains Cheap (10:08) - Tipping and Price Discrimination (11:10) - Bad News is Good News (12:26) - Black Markets (13:08) - Jobs…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Cava: One Brand, Many Channels (07:41) - AI and Incumbents (08:51) - Buying Reputation (09:40) - Restaurant Pricing (10:35) - Debt, Prices, and the Pull-Forward Effect (11:46) - Assets and Distribution…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Why Do Equities Build So Much Wealth? (07:36) - Efficient Markets (08:15) - Logistics (09:28) - Markups (10:02) - The New Geography (10:34) - Marking to Market…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Relationship-Transactional-Relationship Business Cycle (07:46) - Metrics at Twitter (09:04) - Workarounds (09:49) - Generative Ads (10:14) - Elsewhere in AI (10:55) - Banking…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - SVB in Retrospect (09:01) - And in Other Banking News (10:05) - States See Like Big Tech (11:17) - Aggressive Competition (12:12) - Agglomeration and Sports (13:02) - The Narrow Rally…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Why The Answer Is So Often Ads (07:33) - Strategic Shutdowns (08:11) - Verification, Ads, and Membership (08:49) - The China Cap Table (09:28) - Very Long-Term Investing (10:46) - Branding a Bank…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Working with a Copilot (11:59) - Catching Up (14:09) - Private Capital (15:35) - AI Regulation (17:17) - AI Stocks (19:04) - Cars and Interfaces…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Dueling Over Platforms (09:46) - De-Googling (10:17) - Reshoring (11:53) - Attribution (12:49) - Volatility (13:18) - The State of AI Workers…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Bet-the-Company Ideas (08:48) - The Universal Second Language (09:31) - Asset and Liability Management in Sports (10:37) - Light Contagion (11:20) - Buying Status (11:50) - Shutting Down Banks…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - A Short 100-Question Diligence Checklist (17:51) - Bank Capital (18:34) - Where Venture Funding is Squeezed (19:13) - Free Shipping and Marginal Costs (20:21) - Chinese Apps and Data Advantages (21:21) - Many Funnels…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Banks: What's Next? (09:27) - SVB's Incentives (10:22) - Cross-Disciplines (11:57) - Cable's Evolution (12:29) - Training Your Replacement (13:26) - Resources…
This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Financial Institutions and Franchise Value (09:03) - SVB Updates (13:19) - Hit Economics (13:56) - AI Costs (14:44) - Lending Against Regulatory Uncertainty (16:42) - AI Assistants…
ברוכים הבאים אל Player FM!
Player FM סורק את האינטרנט עבור פודקאסטים באיכות גבוהה בשבילכם כדי שתהנו מהם כרגע. זה יישום הפודקאסט הטוב ביותר והוא עובד על אנדרואיד, iPhone ואינטרנט. הירשמו לסנכרון מנויים במכשירים שונים.