Platform Strategy
Marketplaces, ecosystems, network effects
36 case studies
SaaS-to-Marketplace Transitions
Analysis of SaaS-to-marketplace successes and failures
Network Effects Manual: 16 Types
All 16 types with OpenTable, Uber, Facebook examples
70% of Tech Value from Network Effects
Research on network effects value creation since 1994
Cable Caballero
Forrest Heath III’s Joyride to Rebuild the Internet (Then Everything Else)
My 5 Favorite Not Boring Essays of 2025
Electric Slide, Means & Meaning, Cable Caballero, Most Human Wins, Great Differentiation
16 Lessons on Selling (and Life) from My 5-Year-Old
a little Sunday treat to celebrate Dev's first Donut Hat sale
Bubble Memory: A CEO’s Reflections on the Dotcom Boom and Bust
Steve Case’s lessons for founders building in the AI gold rush.
Weekly Dose of Optimism #177
Founder Mode on Cancer, Cancer Vaccine, Zipline, Ocean Cleanup, TeraWave + Brex/Ramp, Levin/Ferriss, and Stewart Brand/Stripe Press
TSMC Risk
If hyperscalers and chip companies don't build up a TSMC competitor they are set to forego billions of dollars in revenue and stunt the AI revolution.
Weekly Dose of Optimism #169
BIG WEEK IN SPACE, Poseidon, Vulcan's $1.4B, Antibody Design, Chinese TMSR, Aquarius Economy, Space DJ, and Three Things I enjoyed
Lessons of a First-Time Fund Manager
Observations from four years of running Generalist Capital.
Where have the heretics gone?
In our latest letter, Mike Maples Jr. and I explore what apostasy means in the age of AI.
Weekly Dose of Optimism #175
New Food Pyramid, Chinese Peptides, Boltz Lab, HALEU $$$, and Rintamaki on Robots
Why Being a Generalist VC Is a Competitive Advantage (Aydin Senkut, Founder & Managing Partner at Felicis Ventures)
Listen now | Felicis Ventures founder Aydin Senkut on how he built a top VC firm, his 10x decision framework, and why he’s bullish on AI and automation.
2026.04: Netflix, Luka, and Life in La La Land
The best Stratechery content from the week of January 19, 2025, including Netflix questions, what TSMC means to AI, and some basketball
Weekly Dose of Optimism #178
Neuralink, Pancreatic Cancer, AlphaGenome, Project Genie, Life Bio, Silver Linings + a whole lot of Extra Dose
Many Small Steps for Robots, One Giant Leap for Mankind
A Co-Written Essay with Evan Beard
Weekly Dose of Optimism #171
General Control, Prometheus, Gemini 3, π*0.6 & Sunday Act-1, Rainmaker, Artifacts, Regulation
The Company as a Machine for Doing Stuff
You have the right to work only but never to its fruits.
What to Watch in 2026
The companies, markets, tokens, and trends that will define the year.
Observations on People, the World, and Everything Else
A collection of things that are true to me.