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Joined 1 year ago
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Cake day: June 29th, 2023

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  • I think people love to hate Steve. The one thing people love more than a great figurehead, is hating one. I think that Steve had a great internal model of how to combine form/function.

    iPhone wasn’t the first smartphone, but it may as well have been. It brought the smartphone to the mass market.

    Part of it was a great advertising campaign, which unlike the smartphones at the time, pitched it as a luxury good as opposed to an executive enterprise one. You owned a blackberry to answer emails wherever and whenever you were, you owned an iphone so you can check Google Maps. A large part of it was redefining both the form factor, and use case of a smartphone.



  • You need more upvotes.

    High interest rates are here, and it’s likely to be some time before we get back down to the 1% interest rates we saw during covid (or even before).

    Companies are shifting either to real or imagined pressures of the stick market. And those pressures are less about chasing unlimited growth and want to see some return.

    Ergo. Layoffs. Meta producing dividends.

    If interest rates stay high, I’d expect to see large megacorps shift more and more to profitability over growth.