Netflix is an Aggregator, with a value chain that lets it drive demand, raise prices, and dismiss competition.
Amazon’s latest offering highlights the economic challenges facing open source companies — and Amazon should pay attention.
Apple’s management made three errors that led to the restatement of revenue; those errors, though, suggest that the company’s business is in better shape than it appears.
The most popular and most important posts on Stratechery in 2018.
The State of Technology, at least in the enterprise space, is strong; consumer tech is another story, and it is time to question the dominance of big companies like Google.
Aggregators succeed by being the best at doing the jobs consumers want done.
Apple’s case before the Supreme Court is about standing; Apple has a strong case. That, though, doesn’t mean the App Store isn’t a monopoly — and that Apple isn’t increasingly predicated on rent-seeking.
SAP’s acquisition of Qualtrics shows how the shift in technology has changed business; it is a perfect example of using the Internet to one’s advantage.
Apple’s decision to stop reporting unit sales is defensible; the company, though, should provide more data to support its new growth story.
IBM has bought Red Hat in an attempt to recreate its success in the 90s; it’s not clear, though, that the company or the market is the same.