Thursday, March 11th, 2021
Welcome to the 39th edition of Nuggies, an email newsletter that aggregates articles and commentary on business, economics, startups, and more, in bite-sized nuggets sent right to your email weekly. Created by and for college students.
Our quote of the week comes from investor and entrepreneur Naval Ravikant, “Art is creativity. Art is anything done for its own sake. What are the things that are done for their own sake, and there’s nothing behind them? Loving somebody, creating something, playing. To me, creating businesses is play. I create businesses because it’s fun, because I’m into the product.”
This Week’s Articles:
Software 2021: The Rise of the Cloud, Battery Ventures
Software-as-a-servce (SaaS) business models have quickly become the norm in tech for their predictability, recurring revenues, and profitability. Valuing these businesses also developed its own set of proprietary metrics as seen above.
Battery Ventures offers a summary of these ideas and challenges their meaningfulness by focusing on cohorts. It’s a great read if you’re interested in the current state of SaaS business and are looking to gain some insight on where valuations are moving.
Read it here
For Creators, Everything Is for Sale, The New York Times
The creator economy is booming, and creators are becoming more and more creative in how they make money by seeking to monetize each aspect of their life. This article covers some TikTokers who are selling shares to their followers who earn the right to vote on the creator’s day-to-day actions as well as new crypto assets like NFT.
Read it here
This Week’s Tweets:
This Week’s Wildcard (an extra, interesting nugget):
This diagram is meant to highlight the weakness of our own perspectives. It’s easy to think about what past decisions you could have done differently. It’s difficult to imagine all your future divergent outcomes. (Credit: @waitbutwhy)
This Week’s Question:
What everyday decision would you sell to other people?
What are we listening to this week?:
This week, we’re listening to DC rapper Goldlink’s breakout album At What Cost. The production bears eclectic influences from funk, to disco, to psycadellic trap, and unconventional rhythms. Goldlink carries the whole album with his trademark nimble and bouncy flow.
Thank you for reading! Nuggies is created by Thomas Pero and Spencer Koehl, two undergraduate students at the University of Notre Dame.
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