@codyplof I think point 4 is most consistent with what we see at LARQ as well. Lots more session and lower conversion rate. But those sessions don't seem to build a healthy funnel for retargeting
@Seanfrank China can make the target asset basically cease to exist. Founders gone, team gone, data gone. Even if meta goes through with it they will acquire a nothing burger. The founders will be made an example of to discourage all future exits without consent from the govt
@Seanfrank Amazon for us is a bottom funnel conversion tool, and is easily profitable if viewed from that lens. But as an upper funnel demand generator it can be a blood bath.
How do you guys balance that?
@TaylorHoliday Just found myself nodding throughout the pod. I've had a very similar journey and perspective. I also found the comments around different businesses need to find their own path to success insightful
no trade deficit = no dollar exports = no global dollar liquidity = no reserve currency. the world needs u.s. deficits to hold dollars. if the u.s. stops running current account deficits, foreigners stop accumulating treasuries & dollars, period.
it’s the beginning of the end of american hegemony & that’s not alarmism, that’s just how the system works.
@eyeslasho A better solution would be to simplify the tax code and close the loop holes. Bring tax filing system into the 21st century with software upgrades. IRS could be staffed with 15% of the existing workforce