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A batch of the best highlights from what Edwin's read, .
As of FYE 2016, Costco had 86.7mm cardholders and 47.6mm members. The explanation – each membership comes with up to two cards for a household so most households have 2 cards but not all. 47.6mm is the more important number though because this is the number from which the membership fees are derived.
The Fervent Loyalty of a Costco (COST) Member — Scuttlebutt Investor
scuttlebuttinvestor.com
Life should be an aim unto itself, a purpose unto itself.
How to Live
Sarah Bakewell
At the end of the day, your decision to monetize comes down to this: Do you have enough cash to fund your operations and achieve your startup vision? Most startups take years to discover a valuable business model; that’s why venture capital exists.
The Experimentation Machine
Jeffrey Bussgang
...catch up on these, and many more highlights
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