Quick Links Robinhood and "democratising" IPOs Second post from the Margins Substack that I'm sharing, this time on Robinhood's IPO programme. Robinhood and Democracy PromotionOpening up the IPO clubMargins by Ranjan Roy and Can DurukRanjan RoyIn March 2021, Robinhood announced they (Note 1) would be building a platform to give everyday investors access to IPOs. It
Quick Links Pizza arbitrage Absolutely loved this piece on the absolute fuckery that is the landscape of food delivery apps. Doordash and Pizza ArbitrageThere is such a thing as a free lunchMargins by Ranjan Roy and Can DurukRanjan RoyWhich brings us to the question - what is the point of all this? These platforms
Quick Links The middle class as the new aristocracy As long as inequality rules, reason will be absent from our politics; without reason, none of our other issues can be solved. It’s a world-historical problem. Great piece in The Atlantic regarding the 9.9% as the new aristocracy. This does not apply only to the US, but to
Quick Links The New York Times publishes ads for communal living in SF. I can't get over this article on dorms for middle class adults in San Francisco that the new york times published. Rather than being a scathing indictment on how an area with such high median wages can make its residents huddle up in communal living, it reads like a glowing
Quick Links Swiftly Socratic SWIFT: No, a player that appears to stay, stay, stay is nothing more than a faker. And as I said before, fakers gonna fake, fake, fake. On the troublesome questions raised by Shake it Off.
Quick Links On why making triple-A games is not worth it anymore The Outline has a great story about outsourcing in game development, starting from the (great) PS4 exclusive Horizon: Zero Dawn. It shows how much of the development of games takes place elsewhere, but the most important quote for me is The Dutch newspaper NRC Handelsblad reported Horizon’s budget was