Join 📚 Calepes’ Highlights
A batch of the best highlights from what Carlos ☕️'s read, .
What matters is not the absolute number of new customers, but the ratio of new customers to existing ones. If you're really getting a constant number of new customers every month, you're in trouble, because that means your growth rate is decreasing.
Startup = Growth
paulgraham.com
Booking knows it can’t depend on the Google channel, that its future is best secured by innovating and building a customer experience that convinces users to go to Booking directly. That is competition working to the benefit of customers!
Airbnb Losses, Airbnb and the Google Squeeze, Airbnb’s Marketing SpendI Can
None
Economics is all about tradeoffs. A tradeoff is loosely defined as any situation where making one choice means losing something else, usually forgoing a benefit or opportunity. We experience tradeoffs in zero-sum situations, when a plus in one area must be a negative in another. A core component of economic theory is the study of how we allocate scarce resources and negotiate opportunity costs.
Tradeoffs: The Currency of Decision Making
fs.blog
...catch up on these, and many more highlights
Readwise