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Art by Clark Miller.
The 1:1
venture capital

‘I Don’t Think There’s Anything Foolish About Blitzscaling’: Reid Hoffman Regrets Nothing—Except Maybe Those SPACs

By Adam Lashinsky · Aug. 19, 2022 12:00 PM PDT · 2 comments
It's check-writing season for Reid Hoffman, and not just for his two venture capital firms, two special purpose acquisition corporations, two podcasts, six startup boards or any of the other extracurricular activities that keep him stupendously busy. (I counted one real job—at Greylock Partners—and 15 side hustles, which he... It's check-writing season for Reid Hoffman, and not just for his two venture capital firms,...
Illustration by Clark Miller
Man v. Machine
ai

Can Creatives Survive the Future War Against Dall-e 2?

By Louise Matsakis · Aug. 12, 2022 12:00 PM PDT · 1 comment
Earlier this year, Karen X. Cheng, a video director in San Francisco, was commissioned by a client to make an augmented reality dress for special events. The idea was to “hide” an animation of a beating heart within the dress, which an Instagram filter would reveal whenever a phone camera was pointed at the wearer’s chest. ... Earlier this year, Karen X. Cheng, a video director in San Francisco, was commissioned by a...
Amazon headquarters in Seattle. Photo by Bloomberg
e-commerce amazon

Prime Day Is a Bonanza for Amazon Ads, Too

By Paris Martineau · July 22, 2022 6:00 AM PDT · 1 comment
Amazon sold a lot of products last week during its annual Prime Day promotion. It also sold a lot of ads. Egged on in some cases by Amazon itself, advertisers spent nearly three times as much on Prime Day as they did on the average day in the two weeks prior, according to data from Perpetua, an e-commerce firm that analyzed the accounts of more... Amazon sold a lot of products last week during its annual Prime Day promotion. It also sold a lot...
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Patrick Collison. Illustration by Mike Sullivan.
The Saturday Interview
amazon enterprise

Stripe CEO Patrick Collison, Never Flashy, Is Fired Up

By Jessica E. Lessin · Aug. 29, 2020 8:01 AM PDT · 3 comments
It’s a quirk of Silicon Valley that one of the most seemingly uninteresting businesses is run by one of the most interesting people. Ten years into running Stripe, its co-founder and CEO, Patrick Collison, still has a voracious appetite for just about everything related to the future of technology—including his payment... It’s a quirk of Silicon Valley that one of the most seemingly uninteresting businesses is...
Org Charts
e-commerce amazon

The People With Power at Shopify

By Mark Di Stefano and Malique Morris · May 20, 2021 6:00 AM PDT · 8 comments
Tobias Lütke has transformed Shopify into an e-commerce giant with a $145 billion market value, thanks to the popularity of its tools, which power online shopping functions for a huge range of sellers, from the shoe company Allbirds to ketchup maker Heinz. Inside Shopify, though, his intense and demanding leadership style has earned... Tobias Lütke has transformed Shopify into an e-commerce giant with a $145 billion market...
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facebook

The People With Power at Facebook as Its Hardware, Commerce Ambitions Expand

By Alex Heath · March 11, 2021 6:01 AM PST
Facebook in recent years has laid out an aggressive strategy of building its own consumer hardware to lessen its dependence on Apple and Google, makers of the two dominant mobile operating systems. The seriousness of its ambitions is reflected in its headcount: Nearly 10,000 people are working in its group developing augmented and virtual... Facebook in recent years has laid out an aggressive strategy of building its own consumer...