THE SILK ROAD NEXUS
Nikhil VarshneyThe strategies, trade-offs, and logistics tech defining the next decade of commerce. Written by a Senior Product Leader in Commerce. The only newsletter analyzing the unit economics of the physical world. Free, high-signal, and respects your inbox
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 55 | Subscribers | Read | thesilkroadnexus.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Shopify Post-Earnings Update: What The Street Missed, Where I Was Wrong, And The Protocol (ACP vs UCP) War
Last to Last week I published my analysis of Shopify's Q4 2025 results, covering the financial services evolution, the Merchant Solutions ratio shift, FCF margin compression, and the convertible note cleanup. This update builds on that piec...
Interview with Darin Brannan, CEO of Terminal Industries
# Silk Road Nexus: Interview with Darin Brannan (Terminal Industries)
Week of February 17-19 in Review
THE SILK ROAD NEXUS — Week of February 17–19, 2026 Three essays. One thread: the cost of speed, the physics of logistics, and the gap between what markets believe and what the supply chain actually allows.
TikTok Takes A U-Turn On FBT; Zepto Prepares for IPO
This week two stories.
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Authors
The writers behind this newsletter.
I am a seasoned product manager and a technologist. I am a writer. Follow me to get my weekly essays directly in your inbox.
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