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Prikvačeni tweet
Hi everybody! Some news: I'm writing a book. It's called Scarcity in the Software Century. You can find out more here:https://danco.substack.com/p/im-writing-a-book-and-i-want-your …
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Alex Danco proslijedio/la je TweetHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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You give
@BrentBeshore one super bowl win and now look at this, whole new wardrobe and everythingpic.twitter.com/VPYl4QrS3U
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ok this is pretty goodhttps://twitter.com/Jeep/status/1223924066417020929 …
1:00Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Alex Danco proslijedio/la je Tweet
the intellectual elites of the world are spending patreon money on ketamine and hanging out in apartments w 2-5 of their boys talking about how much we love bernie sanders and uncut gems. this is the modern french renaissance
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New blog post: Counterfeit food is an old problem, but counterfeiting entire restaurants is a new problem! How delivery apps, cooking as a service, and the Food Cloud are the next frontier of "platform problems", and the puzzle for how to regulate them.https://alexdanco.com/2020/02/01/counterfeit-food/ …
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Alex Danco proslijedio/la je Tweet
*walking past a mural* 3yo: Someone drew on the wall! That is bad. Me, insufficiently caffeinated: It’s not bad because this is their house. 3yo: ...so it’s ok to draw on our house? Me, rising panic: No, you can’t draw on our house. 3yo: It’s not bad. Me: It is bad.
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Really enjoyed this by
@cutler_max on social capital in Berlinhttps://maxcutler.substack.com/p/how-naive-week-in-review-2801 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
One useful visual metaphor: Soros’ description of reflexivity as like waves sloshing around a swimming pool. It’s normal for perception & reality to not fully match up, but usually that error is randomly distributed & quickly self-correcting. Not always, though.
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Alex Danco proslijedio/la je Tweet
Ditch the DCF: it depends on flawed concepts that date back to a nearly 300 year old error in economics, and it can't account for variations in the the various future paths. Here's a better way (scroll to the last section of Sunday's newsletter): https://www.nzscapital.com/sitalweek/sitalweek-229 …pic.twitter.com/TUrJCRVMwy
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Alex Danco proslijedio/la je Tweet
My conversation with
@chetanp on all things software investing (and building) - how to build with users - avoiding spreadsheet driven mindset - history of software - product, sales, recruiting - open source - investing opportunities A must listen http://investorfieldguide.com/chetan/ pic.twitter.com/waSa2ZA0oU
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Another great point: counterfeit food is not new at all! But it's usually confined to lower down in the food supply chain. I guess I should clarify, that this is "Counterfeit Food Prep", as distinguished from "Counterfeit Ingredients".https://mobile.twitter.com/jasonwbade/status/1221807656383455232 …
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post-script to this: if you want to learn about a system, you can uncover a lot by asking "what is the fraud that happens, how does it work, why does it work" is a great way to get to the heart of things.
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I'm sure you might think, "I'd never fall for this"; are you sure? Like, how actually sure are you that your most recent thai food order or whatever actually came from where you thought it did? If food can be counterfeited and enough people don't notice or care, what else? /end
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Counterfeiting in online marketplaces is obviously not new (Amazon, etc fight the problem constantly) but this feels a lot like "Illegal file sharing but for real world goods & services": prepared food as the new mp3 file. 7/
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This reminds me of this question from
@HipCityReg : What would Limewire be built around today? 6/https://twitter.com/HipCityReg/status/1213577319538921477 …Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
If part 1 is fungible, and part 2 is where the margin is, but the customer has low visibility / doesn't care about the production process, then counterfeit food makes total sense: the new reality of internet food delivery makes it easy to steal IP & Brand & then monetize it. 5/
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There are two basic components to cooking as a service: there's the fungible commodity side of it (ingredients, kitchen, labour etc as undifferentiated) and then there's the differentiated, branded part of it (special recipes, good reputation, high quality cooking... ) 4/
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Last year I wrote a post about this big, generation trend of "Cooking as a Service": the increasing degree to which we're outsourcing food prep, at all ends of the income spectrum - fast food, prepared food, restaurants, delivery. 3/https://alexdanco.com/2019/05/09/cooking-as-a-service/ …
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Two parts to the allegation here: 1) Food delivery cos have become rife with fake landing pages & fake profiles for capturing demand (this we already know), and also 2) cloud kitchens are now actually cooking and shipping the food to customers, passing it off as if it's real. 2/
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Interesting implication of this story, if true (which I have no reason to believe it's not): the idea of "Counterfeit Food". Thread: 1/https://twitter.com/chezpim/status/1221327600284397569 …
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