Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion? — Steve Blank

Automobile manufacturers shipped 88 million cars in 2016. Tesla shipped 76,000. Yet Wall Street values Tesla higher than any other U.S. car manufacturer. What explains this more than 1,000 to 1 discrepancy in valuation? The future. — Too many people compare Tesla to what already exists and that’s a mistake. Tesla is not another car […]

via Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion? — Steve Blank

Podcasts, Analytics, and Centralization — Stratechery

Tucked into the last day of WWDC was a session on podcasting, and it contained some big news for the burgeoning industry. Before getting into the specific announcements, though, the session itself is worth a bit of analysis, particularly the opening from Apple Podcasts Business Manager James Boggs: First we want to talk for a…

via Podcasts, Analytics, and Centralization — Stratechery by Ben Thompson

Psych’d: A new user psychology framework for increasing funnel conversion

Have you ever wondered why people are bouncing from your nearly-frictionless onboarding flow? Why the same change can result in a lift on one page and cause drop-off on another? Or why people who find you via search bounce away after a few moments?

Having spent years focused on building experiences that got millions of users sharing, onboarding and inviting their friends, I’ve learned 2 things:

1. Every element on the page adds or subtracts emotional energy
2. Inspiring users is as important as reducing friction

A secret of the top growth experts in tech is to think about every UX interaction as an emotional event. But far from being random or beyond our control, emotion-driven interactions can be broken down into components, optimized at each step and replicated to get better results for onboarding and conversion.

via Psych’d: A new user psychology framework for increasing funnel conversion (Guest Post) — andrewchen

There Is No Free Lunch — AVC

I am reminded time and time again that things that sound too good to be true almost always are. There really is no free lunch, in business or in life. Here are a few examples of things that seem so tantalizing to entrepreneurs and the companies they create but turn out to be just as…

via There Is No Free Lunch — AVC

Being Transparent About Your Long Term Strategy — AVC

Elon Musk famously posted Tesla’s long term strategy in 2006 and ended the post with “don’t tell anyone.” That has led may entrepreneurs around the world to follow suit and be transparent about what they are up to and why. I think its a great practice for companies to follow. It helps the outside world…

via Being Transparent About Your Long Term Strategy — AVC

Celebrate the web by using another browser than Google’s Chrome

I like Chrome. It’s a great browser. But it’s not so good that it deserves to be the only browser. And that’s the unfortunate opportunity we, people browsing the web, are opening for Google by so overwhelmingly choosing to use it in face of the alternatives.And this is what we get by doing so: DirecTV…

via Celebrate the web by using another browser than Google’s Chrome — Signal v. Noise – Medium

Silicon Valley Home Prices, Stock Prices

I’m writing this post with a bit of trepidation, because talking about Silicon Valley home prices these days is a bit dicey. The surge of the last five years has been shocking, and almost no one I know feels good about how difficult it is for people to buy a new home in Silicon Valley […]

via Silicon Valley Home Prices, Stock Prices