2024-05-11
Jim Simons is a legend of legends. His story is beyond inspiring. He did not like the public eye, but had such a massive impact on the world. He was @JavelinVP's biggest supporter and I am grateful that I had a chance to meet and talk with him on many occasions. Beyond his...
Wall Street Journal
Jim Simons, a mathematician and founder of hedge fund firm Renaissance Technologies who pioneered computer-based approaches to quantitative trading, dies at 86
Jim Simons just died. Simons was an award-winning mathematician … Thomas Sumner / Simons Foundation : Remembering the Life and Careers of Jim Simons Jonathan Kandell / New York Ti...
2022-08-07
Must read thread on Apple's ad tech ambitions. @eric_seufert has been ahead on this issue for a long time. Their ad revenue is expected to jump 10x in 3 years!! Anyone who thinks iOS 14 was just about furthering privacy, has been brilliantly blinded by Apple's branding. https://twitter.com/...
@eric_seufert
[Thread] How Apple's App Tracking Transparency blew up the digital ad ecosystem, bolstering Apple's ads business while positioning it as a privacy champion
APPLE ROBBED THE MOB'S BANK: How Apple's App Tracking Transparency (ATT) policy blew up the digital advertising ecosystem, bolstering its ads business while positioning itself as a...
2022-07-23
7) .@Meta is no saint of a company, but we need to acknowledge the positives the micro targeting model has had for the SMB and innovation economy over the past decade plus.
CNBC
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date
2) Online brands, small merchants, local SMBs, and the like have been able to leverage FB's micro targeting to compete and acquire customers in a capital efficient way, while growing and staying independent. The alternative is giving up economics/control and listing on @amazon.
CNBC
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date
3) With the recent changes, CAC's have doubled across the board, leading to massive drops (sometimes as much as 60%) in revenue for SMBs. @Meta did some analysis here. https://www.facebook.com/...
CNBC
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date
5) But no one is talking about it because they are either afraid to take on @apple or they don't want to come off as “anti-privacy.”
CNBC
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date
6) Amongst the various people I talk to in my network, there is a broad based expectation that @Apple will come out with a more robust advertising offering themselves, which in hindsight will make their actions look highly monopolistic all while waving the privacy flag.
CNBC
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date
8) .@Apple may be as much to blame for the current economic spiral as the headline grabbing factors. They shouldn't just get a free pass here and more scrutiny should be applied by the tech industry, government, and other stake holders.
CNBC
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date
“Overall, ATT can be expected to make ads substantially less relevant for consumers and to make them perform substantially less well for advertisers — except for ads delivered by Apple's own personalized ads system.” From a less biased source...@HarvardBiz https://hbr.org/...
CNBC
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date
1) I'm still surprised by the lack of public discourse around the impacts of @apple's iOS 14 changes - all in the name of privacy - that are leading to massive adverse effects to SMBs and innovative companies everywhere. They might bear as much blame for a recession as inflation.
CNBC
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date
4) This has massive adverse effects on the economy as a whole. SMB's are 44% of GDP and 64% rely on online targeting. A 50-60% revenue drop is massive for such a large swath of the economy. Could be leading to as much recessionary pressure as inflation and other macro factors.
CNBC
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date
2021-11-05
I am a broken record about how amazing the @playmythical team is and the momentum just keeps on building with the Series C announcement. Big welcome to @AriannaSimpson @a16z @Jumpman23 and others! https://venturebeat.com/...
VentureBeat
Mythical Games, which is developing a game platform with “playable NFTs”, raises $150M led by a16z at a $1.25B valuation, four months after raising $75M
Dean Takahashi / VentureBeat :