Industry News

Top articles of the week | August 21

Every week, we put together a list of our top 5 articles of the past week. Happy reading!

 

How Michael Dell Turned His Declining PC Business Into A $40 Billion Windfall                                                      Forbes (reading time: 18 minutes)

This is a great piece on the “comeback” of Michael Dell. While everyone had written off his company, he engineered one of the biggest LBOs in history, taking his company private and then acquiring VMWare. The article reads like a HBR case study and shows just how early we are in the computer revolution.

 

Going from Web 2 to Web 3 – “Your take rate is my opportunity”   Chris Dixon  (reading time: 3 minutes)

This is a short but good twitter thread by Chris Dixon. Jeff Bezos famously said that your margin is my opportunity. Chris makes the analogy with crypto. He argues that decentralized crypto projects will take less from users and disrupt incumbents that have large take rates. 

 

It’s Time to Re-Onboard Everyone     Harvard Business Review  (reading time: 6 minutes

With the continued debate of remote work, some companies are coming back to the office with hybrid work schedules. This HBR post offers some great ideas on how to manage the transition. People are understandably feeling anxious and disconnected and team cohesion is absolutely essential with people working remotely. 

 

FTX Trilogy, Part 3: The Everything Exchange       The Generalist   (reading time: 19 minutes)

FTX is set to be one of the most consequential companies of the next decade. The cryptocurrency exchange has risen to prominence in a little over two years, securing an $18 billion valuation. It’s done so through insane speed, balanced aggression, product innovation, and a unique culture.

I tremendously enjoyed this series on FTX, a cryptocurrency exchange that I had never heard of before. Even though crypto is still in its infancy, there are many large companies already emerging. FTX is one of those companies that are fascinating to watch.

 

After Afterpay   Net Interest  (reading time: 15 minutes)  

Buy Now Pay Later has grown in popularity. Many people were surprised just how popular it has become. Square purchased Australian company Afterpay for $33 billion which turned many heads. This post explores the history of AFterpay and the rationale behind Square’s acquisition.