Specialist marketplaces are out-growing generalists and might be a key part of future ecommerce. The details: (1) Marketplaces globally have $4.1T of GMV, which represents 62% of total B2C/C2C ecommerce, up from 59% in 2019. 1/4

@bscholl This is huge

@Whiskyfun FYI, Jean Boyer image is for a Ben Nevis instead of a Benriach

@kiran @michaelshafrir I didn’t even realize stripe switched to that. It’s tough in the face of mandatory return policies

@kiran Paypal not refunding processing fees when a purchase is refunded. I'd feel better if it was a partial refund rather than 0%. The $15 new shop setup fee at Etsy is a bit annoying, but it's doable, and even preferred if it means fewer low-quality/spam shops on Etsy

Europe will not accelerate innovation without more risk capital. There are a lot of very risk averse UK/EU “venture” investors that would never get a meeting in the US

Spending a long time in (non-hardware) tech makes it easy to forget the satisfaction of making a product you can touch, feel, or taste. Launching feels great! (UK only at the moment)

@DhruvMehrotra Sadly I don’t see an ounce of desire from Europe to reduce the size and role of government. But if Argentina shows, then USA proves, then there is hope for contagion.

@DhruvMehrotra Looking at the source report, I’d lend more credence to their stats if they took an objective look at the past rather than push a nakedly partisan agenda. “Most billionaire wealth is taken, not earned- 60% comes from inheritance, cronyism, and corruption and monopoly power.” lol

How fun is it to get to witness this kind of technological progress!?!? A lot of young people are being inspired.

Either this store has a very drunk designer, or AI is, in fact, eating jobs.

Google Analytics with the crack AI-driven insights

@DanielPriestley Incredible

@DhruvMehrotra yeah it’s so frustrating. We have a boiling water tap in the house and I recently discovered that the inner hose is plastic. Sometimes it feels pointless but eventually we’ll get there.

@DhruvMehrotra Check your floss as well. Glide is literally made of teflon.

@krus_chiki Crew of 8. Could run on skeleton crew, but realistically with labor and maintenance, you’re looking at annual operating costs of $500k minimum, and that’s with no meaningful investment in the future of the boat. And assuming it’s in good shape now. And be aware resale will be $0.

Great walkthrough of continuous iterative design

“Wall Street Journal”