Source: CNBC, Statista
Published: March 2022

Pfizer COVID-19 vaccine sales

Pfizer’s total revenue nearly doubled from $41.9B in 2020 to $81.2B in 2021. The growth in revenue can be attributed to Comirnaty, the brand name for the Pfizer-BioNTech COVID-19 vaccine.

Comirnaty accounted for 45% of Pfizer’s revenue in 2021 and outsold the next top 10 Pfizer products by over $10B.

Pfizer is forecasting a further $32B in Comirnaty vaccine sales in 2022.

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Source: Vitality Chicago
Published: August 2019

Making Sense of the MVP

A minimum viable product (MVP) prioritizes product development that maximizes user feedback to allow for course correction.

Henrik Kinberg created a famous graphic depicting building a car through incremental development.

The first approach depicts a common misconception about iterative product development: building a product until it is fully complete and delivering it at the end.

The second approach focuses on the customers’ underlying need and utilizes user feedback to transform the skateboard into the convertible.

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Source: Statista
Published: February 2022

Global Internet Ad Spend

Display and search are the most prominent forms of digital advertising, global spending totaling $383B in 2021.

Here is the total display and search advertising spend over the last 5 years.

Year: 2017
Spend: $197 billion

Year: 2018
Spend: $236 billion

Year: 2019
Spend: $271 billion

Year: 2020
Spend: $306 billion

Year: 2021
Spend: $383 billion

Bonus: in 2021, the United States spent over $190B on digital ads — more than what China, the United Kingdom, Japan, and Germany spent, combined.

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Source: Statista
Published: November 2021

Adoption of plant-based meat (part 2 of 2)

Plant-based meat market revenue has been steadily growing since 2016.

Consumers have the most brand awareness of MorningStar, Beyond Meat, Impossible Foods, Boca, Gardenburger, and Amy’s Kitchen.

Year: 2016
Spend: $3,644 million

Year: 2017
Spend: 4,088

Year: 2018
Spend: 4,645

Year: 2019
Spend: 5,373

Year: 2020
Spend: 6,666

Year: 2021
Spend: 7,749

Year: 2022
Spend: 8,976*

*estimated

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Source: Statista
Published: November 2021

Adoption of plant-based meat (part 1 of 2)

Plant-based meat is becoming mainstream. 71% of US adults report having tried a plant-based meat alternative in 2021.

The average price of plant-based meat is declining as the demand increases.

Meat substitute average price per unit in the US from 2013 to 2022

Bonus: Prices are expected to go as low as $9.61 per unit by 2026.

Year: 2013
Price ($USD): 21.52

Year: 2014
Price ($USD): 20.89

Year: 2015
Price ($USD): 19.93

Year: 2016
Price ($USD): 19.19

Year: 2017
Price ($USD): 18.59

Year: 2018
Price ($USD): 18.03

Year: 2019
Price ($USD): 16.44

Year: 2020
Price ($USD): 17.66

Year: 2021
Price ($USD): 15.36

Year: 2022
Price ($USD): 13.00

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Source: CNBC
Published: May 2022

Tech sector value decline

The world’s largest technology companies have lost over $1 trillion in value over the last week (May 5 to May 11). Here are the top tech companies affected:

Company: Tesla
Value drop (%): -16.0%

Company: Amazon
Value drop (%): -13.6%

Company: Nvidia
Value drop (%): -13.5%

Company: Meta Platforms (Facebook parent)
Value drop (%): -11.5%

Company: Microsoft
Value drop (%): -7.1%

Company: Apple
Value drop (%): -7.0%

Company: Alphabet (Google umbrella)
Value drop (%): -6.5%

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