Equity

Can you beat Google with Google's brains?

Mar 12, 2021
The podcast dives into the ongoing NFT boom, noting a record sale by Beeple. It dissects recent IPOs, focusing on Coupang's logistics edge and Roblox's listing challenges. Coursera's transition to degree offerings is analyzed, revealing revenue model hurdles. The rise of Preply in the tutoring market and strategic moves by Dropbox and Zapier highlight competitive dynamics in EdTech. Finally, barriers to Bitcoin access and the emergence of new search engines like Neva are discussed, emphasizing the challenges of competing with Google.
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ANECDOTE

Beeple's Record-Breaking NFT Sale

  • Beeple, a digital artist, sold an NFT artwork for $69.3 million at Christie's.
  • This makes him the third most expensive living artist, signaling a transformative moment for NFTs.
INSIGHT

Coupang's IPO Success

  • Coupang, a South Korean e-commerce giant, priced its IPO above its raised range, raising $4.6 billion.
  • Its success is attributed to early, aggressive investment in logistics, creating a barrier to entry.
INSIGHT

E-commerce Infrastructure and Barriers to Entry

  • Building e-commerce infrastructure requires significant capital expenditure, similar to cloud computing.
  • This creates a barrier to entry, potentially limiting future competition in markets like South Korea where Coupang dominates.
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