The Diff
Byrne Hobart
The Diff is a newsletter exploring the technologies, companies, and trends that are making the future high-variance. Posts range from in-depth company profiles, applied financial theory, strategy breakdowns and macroeconomics.
Episodes
Mentioned books
May 28, 2021 • 18min
Paradox Interactive, The Little Big Media Conglomerate
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) - Paradox Interactive, The Little Big Media Conglomerate
(09:14) - Millennials: Not Poor, But Levered
(10:32) - Vaccine Markets
(12:09) - Only Chamath can go to the SEC Headquarters
(13:33) - Reigning Over Big Tech in China
(15:08) - Investment Boom
(16:29) - Archegos and SPACs
May 21, 2021 • 20min
The Economics of Pseudonymity
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 Economics of Pseudonymity
(13:31) - Fungible Energy Jobs
(14:48) - Robinhood's Other IPO News
(16:00) - Financial Engineering in Home Improvement
(16:31) - The Case for Steeply Progressive Ad Taxes
(18:15) - Like OPEC In a Good Way
May 14, 2021 • 19min
Building Parallel Financial Systems
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) - Building Parallel Financial Systems
(11:46) - A Word From Our Sponsors
(12:24) - Tethers and Dollars
(15:08) - The Hotel Shortage
(16:01) - The Credit Reopening
(17:01) - Ransomware Acceleration
(18:20) - Churn, Margins, and Habits
May 11, 2021 • 15min
Crypto as an Overheated Emerging Market
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) - Crypto as an Overheated Emerging Market
(11:03) - Rolling Blackouts, Floating Power Plants
(11:48) - Scalable Review Fraud
(12:42) - The Risk of Writing Options
(13:55) - Socially Responsible Hackers
May 7, 2021 • 42min
Stripe and Solid-State Economics
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) - Stripe and Solid-State Economics
(35:50) - Hulu's Regulatory Arbitrage
(36:48) - Post-Archegos
(38:07) - Patents
(40:20) - Emissions: a Global Problem
Apr 30, 2021 • 15min
The 2x2 Inflation Debate
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 2x2 Inflation Debate
(08:20) - Valuementum
(09:34) - Quants and Lumber
(10:29) - Cheap Hacks
(12:16) - Tax Adjustment
Apr 23, 2021 • 11min
Surviving a Combinatorial Explosion
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) - Surviving a Combinatorial Explosion
(07:29) - Sanctions, Cautiously
(08:16) - Adtech Always Adds Layers
(09:19) - Unfundable Mines
(09:55) - Less Marginal Business
Apr 16, 2021 • 15min
Cloudflare's Intelligent Design
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) - Cloudflare's Intelligent Design
(10:30) - A Word From Our Sponsors
(11:11) - Travel Recovery
(12:08) - Targeted Restrictions
(13:05) - Another Retail Ad Product
(13:40) - Semi-Public
Apr 9, 2021 • 16min
Decoupling, Digital Currency, and the Consumer of Last Resort
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) - Decoupling, Digital Currency, and the Consumer of Last Resort
(08:30) - A SPAC Modest Proposal
(09:49) - Scraping for Profit
(10:39) - Post-Cookie
(12:06) - Best Buy Bundle
(12:51) - Debt is Here
(14:27) - The Short-Selling Cycle
Apr 2, 2021 • 14min
Partial Deregulation as an Antipattern
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) - Partial Deregulation as an Antipattern
(08:57) - China's Inflation Inflection
(09:51) - The Next Amazon IPO
(10:29) - The First Shopify Pivot
(11:25) - The Other Two Supply Chains
(12:34) - Non-Monolithic China
