Internet browsers are separate products competing in a separate product market from PC operating systems, and it is efficient to supply the two products separately.
Read more: https://stratechery.com/2022/thin-platforms/
Back to the Future of Twitter
However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company. As a result, I am offering to buy 100% of Twitter for $54.
Read more: https://stratechery.com/2022/back-to-the-future-of-twitter/
OpenSea, Web3, and Aggregation Theory
This was originally sent as a subscriber-only Update. The NFT-marketplace OpenSea is in talks to raise at a $13 billion valuation in a deal led by Coatue, sources tell me. Paradigm will also co-lead the $300 million funding round, according to a spokesperson for the firm.
Read more: https://bit.ly/33k44Ge
[FREE] An Interview with Mark Zuckerberg about the Metaverse
This interview was conducted on Tuesday, two days before the Facebook Connect keynote where Zuckerberg unveiled his vision for the metaverse, and announced his company’s new name: Meta.
Read more: https://bit.ly/3GA33se
United States v. Google
So it finally happened: the U.S. Department of Justice has filed a lawsuit against Google, alleging anticompetitive behavior under Section 2 of the Sherman Antitrust Act. And, as far as I can tell, everyone is disappointed in the DOJ’s case; Nilay Patel’s tweets were representative:
Read more: https://bit.ly/37w1CMe
Dithering and Open Versus Free
Dithering costs $5/month or $50/year. If you’re a Stratechery subscriber, it costs $3/month or $30/year to add it as a bundle.1
Read more: https://bit.ly/3fJXGcs
Microsoft, Slack, Zoom, and the SaaS Opportunity
It is difficult to discuss enterprise software without at least mentioning Microsoft, and there is no better time than now: last week the company (briefly) became the third U.S.
Read more: http://bit.ly/2PEVKWh
Uber Questions
Over the course of Uber’s remarkable rise — very significant stumbles along the way notwithstanding — it has been more prudent to defend the company’s valuation than to question it.
Read more: http://bit.ly/2XBp8PO
Exponent Podcast: YouTube and the End of Friction
On Exponent, the weekly podcast I host with James Allworth, we discuss the question of YouTube, why it’s similar and different from Facebook, and why engagement is both alluring and a potential problem. Listen to it here.
Read more: http://bit.ly/2U1gPdQ