I loved Netflix’s newest Adam Sandler movie Murder Mystery. Turns out so did a lot of others — apparently 30,869,863 unique accounts watched the new film within just the first three days of its release!
This made it the biggest ever weekend release for a Netflix movie ever.
If this was a theatrical opening, the film would have made about $120.5 million — which would have easily made it the third biggest opener of the year, just behind the two Marvel movies.
. . .that Murder Mystery at best, is just a middling kind of a movie.
There’s a concept in finance that blew my mind when I first came upon it— it’s called the time value of money.
Time value of money basically states that money in the present is worth more than the same sum of money will be worth in the future.
This is true because money that you have right now can be invested to earn a return, thus creating a larger amount of money in the future. With future money, there is the additional risk that the money may never actually be received, for one reason or another.
Then one also needs…
I’ve been closely following the Bitcoin craze for many months now, ever since demonetisation sent Bitcoin prices rocketing in India.
Being a part of numerous shady cryptocurrency groups finally paid off when someone posted of an Indian site that allows for booking domestic flight tickets using Bitcoins.
For those who don’t know, Bitcoin is digital money used for secure and instant transfer of value anywhere in the world. It’s the first example of a growing category of money known as cryptocurrency.
It is not controlled or issued by any bank or government — rather it’s value is determined by buying…
I’m a hugely privileged individual. If you’re reading this, my bet is that you are too.
I was born into a family that could afford most of the material comforts in life. I had a very happy childhood, grew up in some nice neighbourhoods. I’ve lived a big chunk of my life in some great cities and worked and met with some brilliant people who’ve influenced me more than I could ever thank them for.
I’m male. I’m straight. I’m reasonably healthy and don’t suffer from any mental problems. I have more friends than I can keep up with and…
Anyone who has ever produced content for the web knows how torturously tough it is to even get people to click on your post and read it; forget going viral, especially when you don’t have any furs in your content. (Read: Cats and dogs, who seem to have a god-given right to internet virality).
How then does BuzzFeed, the random-list generating, cat-pic aggregating, perpetual pop-culture referencer produce viral content day in and day out? What insight into basic human psychology or secrets to Facebook algorithms (more than 60% of BuzzFeed’s traffic comes from Facebook) has it discovered, which ordinary mortals…
Nash’s equilibrium is a simple concept that helps economists predict how competing companies will set prices, how much to pay a much-in-demand employee and even how to design auctions so as to squeeze the most out of bidders. It was developed by John Nash, the Nobel-winning economist and mathematician, whose life story was told in the Academy Award-winning movie A Beautiful Mind.
It provides a fascinating frame to look at human behaviour, and shows how, in non-co-operative situations involving two or more players, individuals end up making decisions that are terrible for the group.
One of the best-known illustrations is…
Before two guys in a garage do it for you.
Last week, in early 2017, Gartner reported that Blackberry’s hardware business had officially crumbled into dust, with a global market share of 0.0%.
Yes, you read that right.
Nil. Zilch. Nada.
What really happened? Did Blackberry really just die now?
Not really. They were dead as far back as in 2007, when the iPhone launched. Ex-Blackberry chief executive Jim Balsillie admitted as much a couple of years back.
The graph shown above was alas, just a lagging indicator.
Slack just became the fastest company in the history of business software to reach $100M in annualised revenues ever, accomplishing this feat in less than 2.5 years.
When you’re working in a fast growing startup, there are really no fixed roles and responsibilities, and there’s always tons of stuff to get done. Landing pages to be created from scratch and optimised, sales collateral to be written, content strategy to be formulated, new features to be built and shipped out, partnerships to be finalised, A/B tests to be run, case studies to be built, ad campaigns to be managed. . well you get the point.
Amidst all this rush to get stuff done, it’s really easy to lose focus, get distracted and not get anything of real impact…
The latest bit of bad press surrounding Apple has been about how it is being incredibly stupid, by supposedly taking off the headphone jack from the upcoming iPhone 7, and thereby trying to kill off wired headphones.
If it is true, then the headphone jack is just the latest bit of antiquated technology Apple is going to kill. Good riddance.
And cry all you might, we’re all gonna be the better for it. It’s a harbinger, if you will, of the inevitable wireless future.
Founder @GetLocoNow Previously lead marketing @unacademy, @freshworksInc, @crowdfire. Write @WIRED, @observer, @qz, @HuffingtonPost. Startups & Man Utd.