Pinterest S-1, Zoom S-1, The Enterprise-Consumer Flip-Flop

Pinterest’s S-1 shows why too much funding can be bad for startups, while Zoom’s S-1 shows the benefits the come from being great. That, by extension, is a result of the enterprise and consumer markets flip-flopping.

Vacation Break: Week of March 18th

Stratechery is on vacation the week of March 18. There will be no Weekly Article or Daily Updates. The Daily Update will resume on March 25. All new subscriptions made since February 25, including during this break, will have a week added to their subscriptions. See you next Monday!

Where Warren’s Wrong

Senator Warren’s proposal about how to regulate tech is wrong about history, the source of tech giant’s power, and the fundamental nature of technology itself. That doesn’t mean there aren’t real problems — and potential solutions — though.