Sunday Vitamin #109
Recap for the week
It’s been 4 hours. It’s 12 AM now. I tried to sleep, but unable to. I got up from bed, grabbed my Mac and went to the living room. There were only sounds of crickets. Its relaxing tho. I then fired my Chrome and, here we go;-
There are 2 point of interests in the article above. 1) Physical retail already in trouble for the past many years. With the pandemic, the disruption will accelerate. Going to physical store will soon become an “AirBnB Experience”. 2) There will be 18 months of economic downturn. As stock market will not do well, people will flock to gold as safe heaven — as always. I guess, its the right time now, today, to buy gold.
This company, Jio, had been grabbing headlines for the past many weeks. The bang was the Facebook investment. I wonder if there are books that talk about the journey of the company. Perhaps we all can learn a thing or two. Another thing I was curious at, how a company can “work together” in developing a platform or a solution. What is the framework. How execution looks like? I have never seen one or experience one in my professional life.
This essay is powerful in a way that someone high-up took the tough decision, to resign, amid Amazon’s firing of whistleblowers and generally, how they treat warehouse workers. One interesting point there is, power balance. AWS peeps were not bullied cause they are highly paid. But warehouse workers? Bullied and perhaps even ridiculed by Amazon’s higher ups.
At the end of the day, VCs religion is capitalism. Its all about making money. Few VCs were upfront about it, you can trust them. Many VCs beat around the bushes. “We are not really into money, we want a solution in the market. A product that can make a dentin the universe. That would make the world a better place” — Have you heard of this fundraising cliche?
