July 2, 2018, 11:20 a.m.

Tech Sector Values are Broken?

www.antonsten.com

What if I told you that the stock market was going to crash tomorrow? Or the next big disaster is looming? If you trust me, I would be playing into your confirmation bias when I have no idea if those things are going to happen or not.

They are honestly, virtually unpredictable. Believe it or not, confirmation biases may be affecting ALL parts of your lives. Curious? I was too, so I wrote this week’s post about it.

→ Tech Sector Values are Broken?


Private updates

Because of some planned summer vacation, this e-mail is one week early. Expect some irregularity during July and August. Sorry about that.

I’m excited to join IKEA in a consulting role as a UX Specialist (Specialist!) for what seems like an amazing (but challenging) project. Love their brand and their values, this will be great.


This week’s favorite

“There’s a silly old business expression that says: “We’re going to lose a dollar on every deal, but we’ll make it up in volume.”

It is also an extremely common way that venture-funded businesses think about how to grow. They think they can burn through tons of capital acquiring users and figure out monetization later. But no matter how much volume you have, if you don’t make money on any of the transactions, you won’t make money at all.”

The Growth Handbook by Intercom

You just read issue #64 of www.antonsten.com. You can also browse the full archives of this newsletter.

Brought to you by Buttondown, the easiest way to start and grow your newsletter.