Stanley Druckenmiller's Worst Mistake Ever.

krebsonsecurity.com/2022/03/hacker…

Our latest report, "Intangibles and Earnings," leverages recent academic from Aneel Iqbal, Shiva Rajgopal, Anup Srivastava, and Rong Zhao to measure the impact of capitalizing intangibles; morganstanley.com/im/publication…

Software universe CTB/payback period on revenue and Billings. A crude but fun look at things. CAC or CTB over time tells us so much more about Mgmt execution & mkt demand than things like LTV/CAC, where your steady-state gross retention estimate could be way off.

Never forget.

The RSA Conference has become such a useless event generally, especially for investors. So much corporate marketing and fluff. I won’t be going next year. RSA is to the security industry what E3 is to gaming… Hoping DEFCON always stays true to & never sells out like RSA did.

Google subtly announced native digital signature integration into Workspaces in the middle of a blog post a couple weeks ago… If you ever had any doubt that core eSig is or will soon become commodity tech. $DOCU blog.google/products/works…

So, this is a very opportune time for smart TV OSs to introduce bundled offers. “Roku Bundles” or “Fire TV Bundles” could package together content from a number of services at a discounted price, with lower churn driving better unit economics for the services. A win-win.

Reddit's S-1 tells a pretty entertaining governance story if you give this old Yishan comment any credence and consider the ongoing issues at OpenAI.

Let's take a stab... Falsifying business records under NY law is a misdemeanor, unless done to hide a crime. Bragg says that crime was a violation of the Federal Election Campaign Act (FECA), or of a NY statute making it illegal to influence an election by "unlawful" means./1