I'm Baaaaaaaaackkkkkk - Hot Takes From January
Breaking News: Industry Insights and Hot Takes From January
Lost in the fog of diapers 🐣 and bottles 🍼 , I'm officially back in action and ready to hit 2024 running. Taking any time off is difficult as I've never done anything like this in my career literally ever, but I'm also terribly sad to miss the new little one during the day.
Shopify Shines in Diverse Arenas:
Coming strong for Enterprise (Mirakl, Manhattan) and B2B/AI (Editions).
They have more fishing lines in the water than a genuine fishing rodeo (you guys forget I grew up in the South), but are the fish biting? 🎣
The sneaky story of Shopify that is still not being told enough is actually Point of Sale.
Shopify and the case of the Flexport "Lender of Last Resort":
Another $250M - we broke it, we bought it. We would rather our investment have the chance to be worth non-zero someday than nothing immediately.
Will the last employees left please turn out the lights? 💡
Amazon and Walmart: Titans Clash in Retail Arena:
Tough time to be looking for work with so much senior talent on the market. It's not over, folks. Not by a long shot. Fatten up those emergency funds, too, because severance payouts are going down faster than the Titanic. 🛳
Amazon:
We about to crush some earnings here today. Ya'll give me a minute.
Also, we have enough robots.
Walmart:
Hold my beer. 🍺 How's that grocery strategy going?
Retail Giants Face Off: H&M, Forever 21, and Shein:
Shein roadkill. Did someone catch the license plate on that bus? If you can't beat them, better join them.
Temu and Macy's:
Temu:
Maybe money can buy happiness. Marketshare too. Staying power is another question, however. They need to crack more than just the boomers to do that.
Macy's:
Seriously, guys, we are just negotiating at this point. Haven't you seen Miracle on 34th Street? What you are going to shortchange Santa Claus?
BigCommerce and PayPal:
BigCommerce:
The curious case of the vanishing President. Now what?
Paypal:
The only shock they have brought to the world is their steadily declining relevance. Their new features lack creativity and show they are looking over their shoulder at Shopify.
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