3 Best Reads of This Week

“One way to get a sense of the value capture ability of a marketplace is by measuring its take rate. The take rate is essentially the average percentage of the value of third party transactions which is captured by the platform or marketplace as fees or commissions. Mathematically, take rates are calculated by dividing the…

3 Best Reads of this Week

Added this new format with my favourite quote from each article. Enjoy! “Investment firms are built on three key ingredients — opportunity, capital, and talent. Without good opportunities, nothing else matters. Even with high quality capital and the world’s most talented team, if you’re playing a highly competitive zero-sum game without a significant edge, your…

3 Best Reads of This Week

Art Imitates the Stock Market: Sixty Years on Wall Street (Chris Mayer, Woodlock House Family Capital) End of Mean Reversion? (John Huber, Saber Capital Management) Marketplaces Year in Review 2020 (Juozas Kaziukenas, Marketplace Pulse)