The book Sapiens by Yuval Noah Harari builds a theory that what connects us humans is the belief in a story. The story does not have to be real, in fact more often that not it contradicts with nature. How else do you get 5,000 crusaders who have no connection… Continue Reading Narrative Fallacy – What is the story worth?
Following on from the Modern Monopolies post I will attempt to look at Livehire through this framework. Livehire (LVH) was launched in 2012 and it promotes itself as a platform that connects employees and employers in a proactive way. Employers can build a network of prospective employees that they can… Continue Reading Livehire LVH – Understanding their platform
I would recommend you read Modern Monopolies by Alex Moazed. published in 2016. In it he unpacks with great detail the modern monopolies that we see in Facebook, Google, Tencent, Alibaba, Apple and Amazon to name a few. How they become what they are, not necessarily that they had the ‘first… Continue Reading Modern Monopolies – Australia’s aspiring platform businesses Part 1
As Peter Thiel spells out in his book Zero to One: “All happy companies are different: each one earns a monopoly by solving a unique problem. All failed companies are the same: they failed to escape competition”. Therefore his conclusion is competition is for losers. But there are plenty of… Continue Reading Pushpay (PPH) – Competition is for losers
This post is more about my thought process when I think about the intrinsic value of a company. I chose to use Hansen (HSN). Hansen has a range of software solutions that provide billing and and other support services for energy, telco and Pay TV industry. HSN builds long term… Continue Reading Hansen Tech (HSN) – Clients for Life