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Walmart's new membership program may be Amazon Prime's next big rival - Business Insider
Jul 10, 2020 1 min, 54 secs

Simple, the most accretive action taken by any $10 billion or larger business is to move from a transactional model to recurring revenue.

Waking up next to a stranger is exciting in the short run but exhausting in the long (see above: recurring revenue).

The gangster factor in a trillion dollars in shareholder growth has been Apple increasing their recurring revenues from single digits to 23% of revenues.

Twitter's ad-dependent revenue model not only fuels outrage and abuse, but is largely responsible for the firm's anemic growth.

Transitioning to a subscription model will free the platform from bots and dampen the toxicity that is … Twitter.

More on why a subscription model makes sense for Twitter in my post from last month.

Their loudest complaint: unfair media bias against tech.

Historically, the media has idolized tech founders — the idolatry of innovators we often write about.

If yes, it's overdue. Our innovation economy has morphed to the monopoly economy and now the exploitation economy. Many/most of the firms that have grown shareholder value by billions in a short time have arbitraged the inability of our government, and our instincts, to keep pace with technology.

We looked at the 25 most recent articles in the New York Times tech section and found that 68% of them presented technology (articles on products, applications of those products, or their founders) in a positive or neutral light.

We found Taylor Lorenz's 25 most recent NYT articles to be mostly positive and to cast technology and its users as endlessly inventive

Only six, or 24% of these pieces, presented technology or tech founders in a negative light. 

A small sample size, but an indicator that despite the externalities and comorbidities of technology, the only bias appears to favor tech and VCs. 

Having my best friend spend time with my boys, at this age, when they roll their eyes in public when I joke, but then ask if they can fall asleep with me … is nice

Lee noticed it today: "They kiss you!" The only time it feels as if this all (sort of) makes sense is when my boys grab my hand or kiss me, as if it's muscle memory

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