Not first-to-market? Don’t worry. — Entrepreneurs often share startup ideas and hear, “Isn’t X doing the same thing?” This is actually the common case as only one company can claim the first-to-market mantle. It’s natural to feel discouraged or wonder if the window of opportunity passed, but history has proven unequivocally: first-to-market guarantees nothing. Never…

Bull Hypothesis WeWork is a hybrid of AWS and Marriott. Because WeWork leverages technology and scale to lower costs, increase flexibility, and improve the office experience, companies across the world will outsource office creation and management to WeWork. Co-working is merely the springboard. Bear Hypothesis WeWork is an overhyped-Regus with a frail capital structure…

Market hypothesis 1: Electric vehicles (EV) are a hyper-growth market. Falsifying data: EV sales slow down. Falsifying data: Polls or other sentiment analysis reveal decreased demand among consumers and enterprises. Market hypothesis 2: Autonomous vehicles are a hyper-growth market. Falsifying data: Edge cases prove difficult to solve, delaying release dates. …

Aluminum costs ~$0.05 / ounce while gold costs ~$1.2K / ounce. The disparity is caused not by differences in inherent utility, but by “blind faith,” i.e., people consider gold valuable so it is. If people can will gold into being worth ~24,000x more than aluminum, why can’t people will Bitcoin…

Increasing competition generally lowers prices in a free market. This is a fundamental law of industry and not a novel concept. How can we promote competition in the drug industry? Two ways: Reduce clinical regulation with simple, clear consent forms like tobacco warnings. Kill drug patents. Valid counter-arguments are the…