May you live in interesting times. I was going to focus on Bain Capital’s return to the Game of Thrones, with Imperialist (Dade) ambitions. If it were only that simple… Instead we have a bull …
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Amazon’s Edge: Outspend Competitors To Build Moats
The online retail giant Amazon took nearly 14 years after its initial public offering to finally report any kind of meaningful profit. This isn’t because there is anything fundamentally wrong with their business model. They …
Continue readingWe Don’t Have Unprofitable Customers, Just Unhappy Accidents
I love a merger. You inevitably hear about all the horrible no-good unprofitable customers you were forced to set free. It’s like the high school reunion, where you discover the math nerd is a bitcoin …
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