The Diff

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Cars Manufacture the Modern Middle Class (08:27) - Not Enough Housing (09:24) - Durable Network Effects (11:00) - VPN Integration (11:59) - Reserve Currency Problems (12:58) - Movies

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Refactoring Restaurants (09:07) - 401(k)s With Chinese Characteristics (10:37) - Middlemen and Leverage (12:00) - Concentration (13:43) - A Mixed Trucking Recession (14:24) - Deglobalization in Autos

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - A Future Where Most Media Is Produced for an Audience of One (09:17) - Universal Prime (10:28) - Strategic Shifts (11:24) - Bundling (12:13) - Enterprise Twitter (13:02) - Energy Leaks

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - The Gym Business: Usage, Slacking, and the Duel Between Margins and Lifetime Value (10:51) - Twitter (13:32) - Remote Work and Neurodiversity (14:45) - Granularity (15:57) - Unhealthy SPACs (17:00) - More Evidence for the Travel Boom (17:26) - Surcharges

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Regulating Big Tech is a Product Problem (10:27) - Failing Fast (12:20) - More Signs of Slower Inflation (13:10) - Six-Figure Truckers (14:07) - Free/Frictional Complements (15:01) - Shadow Banking

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - NFTs and the Money/Status Exchange Rate (07:29) - Demand Management (08:19) - Influencers (09:11) - Downsides to Scaling (09:47) - Look-Through Emissions (10:39) - Lore

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - What Works in SaaS Pricing (07:33) - Reformatting Competition (09:10) - Ending Oil Won't End Energy Politics (10:04) - The Bullwhip Effect in Discounters (10:56) - Russia's Gold

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - HelloFresh: Mealkits Can Work After All (07:37) - PR Campaigns for Ads (08:49) - Underperformance (09:42) - Monetizing Dead Mileage (10:35) - Movies and Dynamic Pricing (11:27) - Peloton and Inventory Management

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Plaid: Data Layer to Payments Layer (09:10) - The Next Conflicts (10:06) - Decentralization as a Liability (11:42) - Decentralization as an Asset (12:34) - Reopening (13:39) - Succession Problems

This is an audio version of the free newsletter. Read the newsletter at thediff.co, and subscribe for an additional 3 posts (and podcasts!) per week. (00:00) - Match Group and Managed Dissatisfaction (08:29) - Revolving Doors (09:36) - Sanctions (10:58) - Iterating (11:54) - Bad Funds, Conflicts, and Bias