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 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
Mar 26, 2021 • 24min
Electrocloud!
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) - Electrocloud!
(20:14) - IPO Demand Curves
(20:54) - Blackout Insurance
(21:56) - Theaters and the Streaming Option
(22:32) - Easy Comps
(23:28) - Permanent Shifts
Mar 22, 2021 • 5min
Where Apple Can Own I/O
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) - Where Apple Can Own I/O
(00:13) - The Great Inflation
(00:54) - Two-Way API Businesses
(01:46) - Zoom and Cities: The Five-Century-Old Case Study
(02:48) - From ETrade to eToro
(03:37) - Hardware-as-a-Service
Mar 19, 2021 • 14min
The Value of Time Rounds to Either Zero or Infinity
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 Value of Time Rounds to Either Zero or Infinity
(07:36) - A Word From Our Sponsors
(08:15) - Limits to Hardware-as-a-Service
(09:29) - Shareholder Activism in Japan
(10:34) - Flipping (pt 1)
(12:20) - Flipping (pt 2)
(13:03) - Better Disclosure
Mar 12, 2021 • 18min
What Salesforce is Selling (and Buying)
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 Salesforce is Selling (and Buying)
(11:49) - A Word From Our Sponsors
(12:21) - Multilateral Vaccine Diplomacy
(13:18) - State Capacity Straussianism
(14:02) - Bicameral Diplomacy
(15:25) - Chip Insourcing, Slowly
(16:44) - Password Price Discrimination
