Approaching 10 years old, Poshmark is led by CEO Manish Chandra and counts tennis great Serena Williams as a member of its board of directors. As our Elizabeth Segran wrote in 2019, the platform stands out among its competitors, such as TheRealReal and ThredUP, by infusing the sales process with social media-like functionalities that keep users on the site longer. The longer people stay, the more they buy. … [Read more...] about Poshmark stock skyrockets in Nasdaq debut as investors rush to cash in on resale mania
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DANG! Disney stock is in the same league as tech giants Amazon, Netflix, and Google, says analyst report
In its report, the firm maintained a neutral rating on Disney stock but raised its price target to $160, up $21. “We look forward to revisiting our Disney valuation when the company provides added disclosure on its new reporting structure,” the report states. … [Read more...] about DANG! Disney stock is in the same league as tech giants Amazon, Netflix, and Google, says analyst report
The “dozen-bagel” secret to preserving startup spirit as your company grows
Last, to measure progress against this mission, and to know if customers are being served by the team’s existence, they need measures of success. Many companies would consider these objectives, as in a Management By Objectives (MBO) system or an Objectives and Key Results (OKR) system. Call it what you will, but I believe these should be relatively long-lived measurements that tell the story of progress toward the stated mission, versus objectives that change quarterly. For example, when our Infrastructure got started, our build system, which packages our code for deployment to servers, was horribly broken. It could take half a day to build and deploy our software, and half of the time the build would fail for unknown reasons. It was killing developer productivity. So the Infrastructure team took on a measure of “time from code check-in to deployment.” In the short term, it was clear they had some cleanup to do, but over the long term, this is a clear measure of … [Read more...] about The “dozen-bagel” secret to preserving startup spirit as your company grows
Netflix’s rollout of its 2021 movies sends a message to rivals Disney, HBO
On Tuesday morning, the streamer dropped a slickly produced trailer on YouTube featuring the top original films coming to subscribers this year, with video snippets of Lin-Manuel Miranda, Dwayne Johnson, Melissa McCarthy, Octavia Spencer, and other A-listers joking around to promote their projects. … [Read more...] about Netflix’s rollout of its 2021 movies sends a message to rivals Disney, HBO
3 reasons why Twitter took a $5 billion stock hit after banning Trump
“The Trump Twitter ban may lead to fewer users, as one of the platform’s largest speakers is removed,” says Georgetown internet law professor Anupam Chander in an email. “Some users have already tried to migrate to Parler, for example, though that has proven to be a dead end.” (At least for now: Amazon Web Services, which hosted the right-wing social media site Parler, pulled the plug Sunday night.) … [Read more...] about 3 reasons why Twitter took a $5 billion stock hit after banning Trump