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StorySherpa: The Costs and Profits of Privacy

Wow, that week was so newsworthy I had to clean up my notes a lot to make this issue bearable in its
StorySherpa: The Costs and Profits of Privacy
By Yury Molodtsov • Issue #39 • View online
Wow, that week was so newsworthy I had to clean up my notes a lot to make this issue bearable in its length.

Facebook’s Mark Zuckerberg Says He’ll Shift Focus to Users’ Privacy
China banned millions of people with poor social credit from transportation in 2018
Design on a deadline: How Notion pulled itself back from the brink of failure
US mobile bank Chime raises $200 million, valuing its business at $1.5 billion
What the Fastest-Growing CPG Companies Do Differently
How to Be a Better Listener
Austen λ
This is the most interesting thing about the Lyft S-1 (via @stratechery): Uber probably would have completely killed Lyft completely if it weren’t for #deleteuber
HotelTonight is also a weird company. Their business model was predicated on hotels unloading the rooms that were left empty that night. But how do you achieve that and remove the opportunity to exploit this feature? Their solution was unconventional — the users get a small curated list of hotel they can book so there is no guarantee they will be able to book it again via HotelTonight one day — so they’ll go and book it for the full price if they loved it.
Ryan Hoover
Airbnb is a remarkable company, a good example of how the "new and weird” can eventually eat the “old and traditional” as it expands markets.

Today they announced the acquisition of HotelTonight.
The trend is clear but I’d add one thing: the common feature of these new products is that they unbundle the enormous incumbents by selecting specific feature sets that can be turned into a separate product.
atty eleti
Well-designed, collaborative tools are dominating.

Photoshop → Sketch → Figma
Word → Docs → Dropbox Paper
Excel → Sheets → Airtable

What still needs to make this evolution?
The concept of remote teams is getting much more popular, I’ve seen way more discussions in the last 6 months. This is an interesting thread of the things that help.
Amir Salihefendić
0/ Remote work isn't exceptional as companies that are spread around multiple offices have done it for the last many years. The special sauce is communicating asynchronously as the default 💡 Here's a thread about why.
People think that Uber right now is getting into lots of areas: ride-sharing, food delivery, last-mile, etc. But Asian tech giants are used to being even more enveloping.
Erin Griffith
interesting development in the global ride-hail war:

Grab, the Uber of Southeast Asia, is calling itself a "super app" and just raised $4.5 billion to expand into financial services, food delivery, parcel delivery, content and digital payments
It’s hard to be Facebok these days. People will criticize you without digging into what you’ve done.
Antonio García Martínez
(Even when you’re not logged in or don’t have a Facebook account)

@verge is firing a pixel to FB, and sending your browsing data to them (and a bunch of other tech companies), on its story about apps doing so.
Muncheary, a food delivery startup, has recently filed for bankruptcy. They also shared some lesson. I find it important to stress that they still owe tons of money to the small businesses they were working with.
Dave Ambrose 🚴🏻‍♂️🌮 SXSW
this is startup real talk right here, via the CEO of Munchery, now in bankruptcy protection

1. we grew too fast and raised too much debt
2. we rented customers via platforms, CAC kept growing
3. tangential competition took customer dollars away from us
4. costs were constant
Did you enjoy this issue?
Yury Molodtsov

I'm an Investor at Day One Ventures, a venture capital firm that invests in tech startups and leads their communications.

Here I look at tech news I find important and the future they might lead us.

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