Winner Take All

Alex opens the show discussing Wish, an American eCommerce marketplace  platform featuring goods from many Chinese sellers, and their plans to  IPO. He compares Wish with Amazon and explains why he's bearish on the  company in the long term. Next, a look at Patreon raising a $60 million  series D round. The show closes with coverage of a report saying the DOJ  plans to move forward with an antitrust case against google despite  lawyers asking for more time to build the case.  

Originally Aired: 09/04/20

The show opens with Alex discusses his appearance on Fox Business  earlier in the day to discuss the tech market and what's going on with  TikTok's U.S. acquisition. Next, a look at Disney+ and the streaming  service's impressive subscriber numbers after less than 1 year in  operation. Alex breaks down how gaining market share the way Disney+ has  in streaming would be very unlikely in the winner take all markets that  platforms occupy. The show closes with a look at Amazon putting $100  million toward creating a luxury goods marketplace à la Farfetch.  

Originally Aired: 08/31/20

Benedict Evans joins Alex for a discussion on tech regulation, protectionism, and antitrust. They discuss current top stories, including TikTok's U.S. acquisition and Nvdia buying ARM, while also delving into large-scale topics like the media's coverage of tech, tech protectionism in western democracies, and the shift away from the U.S. leading governance of the internet.   

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Originally Aired: 09/15/20  

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Alex starts the show with a look at  @WisdomTree ETFs  PLAT hitting new all time highs and the unrelenting strength we've seen  from platform stocks over the past few months. Next, a look back at a  video on advertisers boycotting Facebook and an update on how this has  affected Facebook. The second half of the show delves into COVID spurred  retail bankruptcies and covers upcoming IPOs from Ant Group and  Palnatir. 

Originally Aired: 08/26/20

It's a TikTok focused episode that kicks off with news ByteDance COO and  TikTok CEO Kevin Mayer has resigned. Next, Alex comments more on the  potential acquisition of TikTok's U.S. business and news that Walmart  might also be involved in the deal. The show closes with thoughts on the  amazing power of platforms and how it can unfortunately be abused when  Governments take too much control. Alex listens to an excerpt from Chen  Guangcheng's speech at the Republican National Convention.  

Originally Aired: 08/27/20

Alex opens the show looking at news of TikTok suing the U.S. government  over the potential ban and forced sale of its U.S. business. Next, we  look at the latest on the battle between Epic Games and Apple over  mobile app store and device policies. The show closes with a look at  Domio being suspended from operating on Airbnb. Alex discusses the  suspension and explains why he has a bone to pick with the way Domio is  being portrayed.  

Originally Aired: 08/24/20

Nick joins at the top of the show to discuss network effects and  aggregator theory. Next, Alex breaks down why he loves Jack Henry's move  to build a commercial lending marketplace. The show closes touching on  Epic Games and Apple battling over app store fees.

Timestamps:

The episode begins with a look at the strong growth numbers shared in  Walmart's Q2 2021 earnings report and Amazon's breakdown between first  and third party sales. After touching on an interesting marketplace we  discovered where users can buy and sell Amazon seller accounts, Alex  digs into the latest on California's AB5 law and how it will likely  result in Uber and Lyft ceasing business in the state. The second half  of the show takes a look at China's 50 Cent Party, a state run internet  propaganda farm, and the shortcomings of contact tracing apps.  

Originally Aired: 08/18/20

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The show starts with a look at Luxury Fashion platform Farfetch's Q2  2020 Earnings after a prediction 2 weeks ago that they would beat  estimates. Next, Alex talks about Airbnb filing for an initial public  offering and how Walmart's new partnership with Instacart could be a  test drive for an acquisition. The show closes with a look at a article  from Pinterest's former COO and news senators urging the U.S. Justice  Department to probe Zoom.

Originally Aired: 08/13/20  

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To open the show we're joined by Kara Marciscano from WisdomTree to talk  about recent enhancements to the PLAT ETF, the WisdomTree Growth  Leaders Fund. Next, Alex goes in-depth on the miraid of politics and  business issues surrounding TikTok's US business and possible  acquisition by a stateside entity. The show closes with discussion of  the low latency, broadband internet system Starlink.