Below the Line
Kevin LaBuzBreaking down business models and how technology is changing them. Occasional dad jokes.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 167 | Subscribers | Read | kjlabuz.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
#163 – Amazon’s Double Flywheel
Hi 👋 – Amazon’s redesigned fulfillment network has unlocked a lollapalooza effect, where lower costs and faster delivery fuel greater selection and customer loyalty. As costs drop, Amazon can economically offer more lower-priced items, exp...
#162 – A Knife Fight In Mud
Hi 👋– It’s been a while. I hope that you had a nice summer. As we enter the third quarter, the gap between e-commerce winners and losers is widening. With titans like Amazon and Shopify consolidating market share, smaller players are left ...
#161 – Keep It Simple
Hi 👋 - The pandemic saw a rising-tide-lifts-all-boats environment for e-commerce. As lockdowns eased, this turned into an industry-wide hangover as people shifted spending from couches and sourdough starter kits to flights and meals out. T...
#160 – Multiplying By Zero
Hi 👋 – Charlie Munger’s first rule of compounding is to never interrupt it unnecessarily. Too much debt can short circuit the compounding process. That’s a useful framework for analyzing Wayfair, which last week announced its third major l...
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Authors
The writers behind this newsletter.
Former Internet equity research analyst at Deutsche Bank and strategic finance at Etsy and Indeed. Currently Head of Investor Relations & Corporate Development at 1stDibs. Based in Brooklyn.
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