Winner Take All

Notes from this episode - Is Peloton a platform?  Amazon Takes Down Products: https://www.wsj.com/articles/amazon-has-ceded-control-of-its-site-the-result-thousands-of-banned-unsafe-or-mislabeled-products-11566564990 OpenTable Food Delivery: https://yall.com/food-and-drink/opentable-gets-food-delivery-partnership/ Do they have a POS for restaurants?    Value vs. Growth and Platform Conglomerates

Notes from this episode - Fake news click bait: https://www.fastcompany.com/90394048/uh-oh-silicon-valley-is-building-a-chinese-style-social-credit-system WSJ News Platform: https://www.wsj.com/articles/news-corp-readies-news-app-to-address-publishers-concerns-about-google-and-facebook-11566497094 Epic/Cerner - EHR angle: https://www.businessinsider.com/apple-links-with-allscripts-in-electronic-health-record-expansion-2019-8

Available on YouTube here: https://youtu.be/lmjfCvDvRQc Notes from this episode - Uber v Lyft Deep Dive: Contribution margin is a measure of revenue vs. variable costs. https://s23.q4cdn.com/407969754/files/doc_financials/2019/Q2/Uber-Q2-19-Earnings.pdf https://investor.uber.com/news-events/news/press-release-details/2019/Uber-Reports-Second-Quarter-2019-Results/default.aspx Gross bookings growing at 37% on $15.75bn, expected 15.83? Revenue growing at 26% at $2.87 Beat on earnings - lost $600mm vs. $900m Loss per share: $4.72, versus $3.12 expected Revenue: $3.17 billion versus $3.36 billion expected https://www.cnbc.com/2019/08/08/uber-earnings-q2-2019.html Lyft earnings: https://investor.lyft.com/news-releases/news-release-details/lyft-announces-record-second-quarter-results Lyft reported Contribution of $398.9 million versus $212.5 million in the second quarter of 2018, up 88% year-over-year. Contribution Margin increased to 46.0% from 42.1% versus the second quarter of 2018.  Adjusted net loss was $197.3 million versus an adjusted net loss of $176.5 million in the second quarter of 2018. Revenue to be between $3.47 billion and $3.5 billion (up from $3.275 billion and $3.3 billion)     Annual growth rate to be between 61% and 62% (up from 52% and 53%)      Lyft market cap 15bn, uber 60bn Apple TV+ same name?!: https://www.polygon.com/2019/8/20/20813637/apple-tv-plus-launch-date-pricing-streaming-service Instagram shopping: https://edition.cnn.com/2019/08/19/tech/instagram-checkout-feature-hackers/ PUBG Changes: https://www.polygon.com/2017/11/22/16690874/pubg-tencent-publishing-deal-socialist-values-playerunknowns-battlegrounds Usually, the last surviving player on the battlefield will receive the victory message: “Winner, Winner, Chicken Dinner.” Now, the last five players will be named the winner of the game. If players make it to the top five, the game will post a message to users informing them that they’ve already won, and will ask whether they would like to continue. -tencent changes to publish pubG in china Defense, Freight & Logistics: Uber Freight continues to add new customers: Uber Freight added new shipping customers across the enterprise, middle market, and small- and medium-sized business segments. Our platform for shippers targets the underserved long tail of small shippers with an automated self-serve tool that helped drive 10X year-over-year revenue on the platform. PDD Earnings: https://www.investors.com/news/technology/pinduoduo-earnings-second-quarter-stock/ Founded 2015, $878mm revenue expected, $1.06bn revenue actual $103bn gmv $83bn gmv, q1 25% growth http://investor.pinduoduo.com/financial-information/quarterly-results

Available on YouTube here: https://youtu.be/xwOn-ILkRok Notes from this episode - Apple Spends $6bn on Streaming Content: https://www.zerohedge.com/news/2019-08-19/streaming-wars-apple-spend-over-6-billion-original-shows Domino's is Stubborn: https://www.wsj.com/articles/dominos-goes-it-alone-on-delivery-11566219685?mod=djemlogistics_h Reddit Top 3 Website: https://www.digitaltrends.com/computing/reddit-more-popular-than-facebook-in-2018/

Available on YouTube here: https://youtu.be/uzuaW4_FWCg Notes from this episode - The Chinese government and Chinese platforms Baidu earnings beat GE Whistle Blower Facebook and Twitter banning Chinese bots Is Douyu TV Primed to be the Twitch of China?

Available on YouTube here: https://youtu.be/h8e0xJ6YmWo Notes from this episode - Walmart is Up!: • Total revenue was $130.4 billion, an increase of $2.3 billion, or 1.8%. Excluding currency, total revenue was $131.7 billion, an increase of $3.7 billion, or 2.9%. • Walmart U.S. eCommerce sales growth of 37% includes strong growth in online grocery. Alibaba Beat!: • Revenue of 114.92 billion ($16.74 billion), according to the exchange rate in the earnings release. That was an increase of 42% year-over-year and better than the 111.73 billion yuan expected, according to Refinitiv data. • EPS beat expectations by over 20% Macy’s down 10+%: https://finance.yahoo.com/news/macys-posts-48-drop-profit-121501023.html Nordstrom and Hudson Bay go private?: https://www.cnbc.com/2019/08/13/we-are-in-the-middle-of-the-great-american-department-store-shakeout.html WeWork ipo docs: https://www.vox.com/recode/2019/8/14/20804029/wework-ipo-tech-company-valuation C2FO 200mm: https://www.dealstreetasia.com/stories/softbank-vision-fund-c2fos-148647/

On this episode we cover: Upcoming Chinese eCom Earnings Farfetch Acquires Off-White Ninja Leaves Twitch Cars.com Amazon Enters Janitorial

On this episode we cover: How Much Would You Pay to Use Platforms? Chicken or the Egg: Platforms 101 Average Age of S&P 500 Companies B2B Analysis - Building Materials B2B Analysis - Electrical Zillow's Offers Program Amazon Marketplace Origin Story Match Group/Tinder Dating App WTA