Six months ago, OpenSea raised at a $1.5B valuation. Today, it just raised at a $13.3B valuation. NFTs are a massive business. Here is OpenSea’s yearly transaction volume. It takes 2.5% of that volume, generating the revenue in the pictured line chart. 2018: $474K2019: $8M2020: $24M2021: $15B We’re only a few days into 2022, but […]
1.275 billion dollars, all cash. When news hit two weeks ago that the lending company owned by Cleveland Cavaliers owner Dan Gilbert was buying the personal finance app Truebill, heads turned. It was an eye-popping sum for a company that just 6 months earlier raised a series D at a $500M valuation. Did Truebill deserve […]
Have you ever told a relative what you do, only to receive a puzzled look? Product management, as a field, is new. Our parent’s generation didn’t even consider it. Your average non-techie has no idea what it is even about. How did Product Management as a job come to be? Has it always been around, […]
Have you tried to buy an NFT lately? Ethereum users have been crippled by high gas fees and slow transactions. One of the original dreams of cryptocurrencies was transactions. That was the “point” of internet money. Yet, making a transaction on Bitcoin or Ethereum takes ages. And costs you a fortune. Major NFT traders like […]
I read 42 books this year. Not a single one made the ten best things I read. In 2021, online writing on blogs is the highest quality information available. Far better than anything you’ll get from watching the news or reading the mainstream media. So, what were the 10 best things I read in 2021? […]
When it comes to legendary cultures, and small teams redefining industries, Supercell is a shining example. Last week, The Information reported Tencent is in talks to buy out the remaining 16% of external investors in the Finnish gaming super company. In the process, it plans to mark up Supercell’s value to $11B. Supercell only employs […]
It’s so easy to focus on shipping exciting new features that sometimes we forget the importance of completing tech debt stories, and creating minimal technical (tech) debt along the way. This is true for engineers, designers, product managers and builders of all stripes. In fact, in my experience, it is hardest for CEOs. It is […]
After its stellar IPO debut last year – with shares popping 92% on the first day – many of us expected DoorDash to face tough comps this year. It seemed like the company had priced in all the growth it could handle valued at 24x sales. After all, this was a delivery company, not a […]
50 thousand favorites of a Tweet is not a normal thing. While crypto bears are everywhere, Stephen Diehl has become the standard bearer for the position. His threads are written with the wit of David Foster Wallace and the techno-philosophical prose of Michael Crichton. And, boy, do they perform. With Twitter’s average engagement rate of […]
Since Apple introduced the world to podcasts in June, 2005, the medium has been on an unstoppable ascent. That same year it was New Oxford American Dictionary’s Word of the Year. By 2006, 11% of Americans 12+ tried listening to the bite sized audio delivered over the internet. Today, that number is 57%. And more […]