Michael Porter’s Five Forces framework has long been a cornerstone for analyzing competitive strategy. This model helps businesses map their competitive landscape and identify sources of defensible advantages. However, the advent of web3 technologies has fundamentally altered the nature of competition and collaboration in the digital realm, necessitating a reevaluation of how firms establish market […]
The internet’s dominance in modern economic and social activities makes understanding online behavior critical for businesses, policymakers, and researchers. However, traditional tools for measuring this behavior have significant limitations, especially for independent researchers without access to proprietary user data from technology companies. In response to this challenge, Webmunk, an open-source tool, offers a promising solution. […]
In March of this year, California was host to a spectacular sight: one of the greatest super blooms in years. Lake Elsinore (halfway between LA and San Diego) was so alight in poppies that the incredible blooms could even be seen from space. It was an Instagrammer’s paradise… and everyone knew it. Within days, the […]
There’s a classic story about a statistician who, while at a county fair, happens upon a competition to guess the butchered weight of an ox. He compared individual guesses with the median guess of the crowd and found that while individual estimates varied widely, the group as a whole came within 1% from the ox’s […]
Upwork went first. The talent network that matches freelancers with companies made its initial public offering (IPO) in October 2018. Upwork’s IPO was the first “gig economy” business to go public. Next came Lyft in March. The Lyft IPO gained a lot of momentum, despite the fact the company has yet to yield a profit. […]
