Why are there no ads when watching sports online?
I find it strange that ESPN and TNT don't show ads when streaming live sports. Instead they display a static image that says, "We'll be »
Displaying wait times
I wish more restaurants would show how long you should expect to wait for your food to be ready. In addition to improving the customer experience, »
Dubious proposals
In emerging markets, it's not uncommon for transactions be split between a portion that's reported to the tax authorities and an unreported cash transaction. So, if »
Scaling organizations
Small organizations can coordinate activities organically because it's still feasible for everyone to be aware of what other people are doing. But, when that's no longer »
Dimensions of executive tasks
Effective managers can quickly transition between activities along three dimensions. Altitude: conceptual to operating details Topic: internal to external Style: informal to formal Executives need to »
Pricing APIs is hard
When given a choice, companies prefer to set prices based on a percentage of the value that they create. In advertising, auctions dictate the market value »
Venture capital as research and development
Companies often prefer to fund research and development (R&D) through acquisition because it allows management to understand whether a new technology is likely to »
Bitcoin mining and energy arbitrage
Bitcoin mining entails performing expensive computations to verify the legitimacy of Bitcoin transactions. Miners do this hoping that some of their calculations will meet the criteria »
Fines legitimize behavior
Intuitively, fines should deter unwanted behavior. But, in many ways it inadvertently legitimizes it. In behavioral economics, they've shown that when day-care centers fine parents for »
OpCo / PropCo Valuation
In valuing real-estate intensive enterprises, it can be useful to value the business in parts. Often, there's a natural split between the revenue generating real estate »