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    Exponent Podcast: The Water We Swim In

    On Exponent, the weekly podcast I host with James Allworth, we discuss The End of the...

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    Visa, Plaid, Networks, and Jobs

    The history of credit cards helps explain why Plaid is valuable to Visa, and how Visa...

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    The End of the Beginning

    The beginning of technology was about the shift from batched computing in one place to continuous...

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    Christmas and New Year’s Break: Weeks of December 23rd and December 30th

    Stratechery is on Christmas and New Year’s break the week of December 23rd and December 30th;...

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    The 2019 Stratechery Year in Review

    The most popular and most important posts on Stratechery in 2019.

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    Exponent Podcast: More Ergonomic

    On Exponent, the weekly podcast I host with James Allworth, we discuss Integration and Monopoly. Listen...

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    Integration and Monopoly

    Apple has won through integration, but integration combined with network effects and economies of scale can...

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    Exponent Podcast: Principle Stacks

    On Exponent, the weekly podcast I host with James Allworth, we discuss Tech and Liberty. Listen...

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    Exponent: The Second Estate Era

    On Exponent, the weekly podcast I host with James Allworth, we discuss The Internet and the...

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    Exponent: The Abyss Stares Back

    On Exponent, the weekly podcast I host with James Allworth, we discuss The China Cultural Clash....