Economics & logistics of the Airline industry have always intrigued me. I was browsing through the revene sources of some major players & found that last year, the financials of airline frequent flyer programs were made public for the first time, and the results were surprising. …

There’s a strange paradox that the room for error is important to survival in the long run, but maximizing efficiency in a way that removes the room for error can be essential to surviving the short run. Many people strive for efficient lives, where every hour is utilized. But when…

It’s hard to empathize with other people’s beliefs if they’ve experienced parts of the world you have not, if they have encountered situations you have not. Everyone’s a little bit blind to how the world works, and when they think they’re disagreeing with someone else they’re actually just uncovering an…

When it comes to investing, most people are risk-averse! Given the expected return, they prefer lower risk, and given the level of risk, they prefer higher expected return. Though, the definition of risk changes basis people’s experiences, volatility of the asset, etc. Dartmouth finance professor Kenneth R. French defined risk…

Imagine what would happen if your skills or product strategy stayed the same for next 10 years. In an ever-changing environment it’s becomes essential to reassess strategic decisions & make sense of latest happenings. …

Lines are blurring between businesses that Large tech is operating in. Ecommerce platforms like Amazon reported $31 Billion in ad revenues which are roughly similar to Google Display, YouTube, or the entire global newspaper industry’s ad business. Although this is only about 6.5% of Amazon’s net revenue, but compared to…

Defaults help businesses to profit from consumers, sometimes by prompting people to choose things that are not in their best interests. A primary example is when you pay your credit card bill, the default selection is MAD(minimum amount due). …

There’s a buzzword that tech, crypto, and VCs have become infatuated with lately. One does not become futuristic unless one adds it to the Twitter bio: Web3. I’ve been reading about the same lately & have tried to summarize the main concept behind the same. To understand it, let's go…

People are fascinated by change/novelty because it’s exciting and surprising. The urge to avoid uncertainty and know the future is hard to resist. But predicting what’s going to change is hard. There are a lot of variables & how they will play out is what one needs to predict correctly…