Industry News

Top articles of the week | December 12

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

 

APIs All the Way Down          Packy McCormick  (reading time: 30 minutes)

We covered Stripe last week and their announcement. Stripe is an API company and if you are non-technical like me, you kinda get the gist of what an API is but in detail. Packy McCormick does a great job of explaining of what an API is and also tying it back to business strategy. He dives into Stripe but also Twilio, another well-known API company.

 

Apéro Bitcoin Thibaud Maréchal  (reading time: 15 minutes)

I’ve been diving more into Bitcoin lately (not related to the latest bull run) and I find it completely fascinating. Friend of PNR, Thibaud created this short slide deck that explains Bitcoin in laymen’s terms. The presentation is in French and provides a good overview of the cryptocurrency. This is not investment advice but I do think everyone should own some.

 

The great shakeout: Global trends 2020–2025         Kearney  (reading time: 2 minutes)

This is the executive summary of a global report featuring five key trends. It provides some interesting insights notably around national self-sufficiency and a move away from the global order. I’m still digging through the report, the trends are a little frightening.

 

The Games People Play With Cash Flow       Cédric Chin  (reading time: 25 minutes)

People with limited understanding of business think that business is all about making profits. But those who actually run businesses know that running a business is all about managing cash flows.

I love when good articles teach me something but also present it in a way that makes it feel obvious. This post may sound boring (ugh, cash flows) but is one of the most important articles I’ve read in the past year.

 

Dissecting Airbnb’s IPO Strategy with Wardley Maps         Malcolm Silberman  (reading time: 14 minutes)

Long-time readers of this newsletter might remember my infatuation with Wardley Maps. This article dives into AirBnb’s recent IPO. It’s a slightly dense read but great analysis of AirBnb’s strategy and pricing at IPO.