Intro

This chapter explores the intersection of finance and technology within the gaming industry, focusing on dual currency systems that include free in-game and paid real money currency. The conversation reveals the implications of these monetization strategies for gamers, particularly newcomers navigating platforms like Zynga.

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Episode notes

This week on Upstream, we’re releasing a conversation between Patrick McKenzie and Byrne Hobart where they navigate the compelling terrains of in-app purchases and restaurant economics. They dive into the monetization strategies of video games and the influence of food delivery platforms like DoorDash on pricing and menu designs and explore the bridge between finance, technology, and human behavior through airport currency exchange models and the emerging role of AI in economic data processing.

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RECOMMENDED PODCASTS:

🎙️Complex Systems with Patrick McKenzie

Patrick McKenzie (@patio11) talks to experts who understand the complicated but not unknowable systems we rely on. You might be surprised at how quickly Patrick and his guests can put you in the top 1% of understanding for stock trading, tech hiring, and more.

Spotify: https://open.spotify.com/show/3Mos4VE3figVXleHDqfXOH

Apple: https://podcasts.apple.com/us/podcast/complex-systems-with-patrick-mckenzie-patio11/id1753399812

🎙️The Riff with Byrne Hobart and Erik Torenberg

Investor and writer of the popular newsletter The Diff, Byrne Hobart, and co-host Erik Torenberg discuss today’s major inflection points in technology, business, and markets – and help listeners build a diversified portfolio of trends and ideas for the future.

Spotify: https://open.spotify.com/show/6rANlV54GCARLgMOtpkzKt?si=fa34868d46b94584

Apple: https://podcasts.apple.com/us/podcast/the-riff-with-byrne-hobart-and-erik-torenberg/id1716646486

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LINKS:

Bits About Money: https://www.bitsaboutmoney.com/

The Diff: https://thediff.co/

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