The speculative boom in digital assets should arguably make physical assets even more valuable by comparison. The care you need to invest in protecting a physical object from floods, fires, theft, wear and tear, UV light, etc. should accrue to its value. The only way NFTs can disappear or disintegrate is if owners lose the keys to their crypto wallets or have them stolen:


In ‘Hot Seat,’ Jeff Immelt gives his version of the iconic American conglomerate’s downfall

Photo Illustration: Save As/Medium

I Read It So You Don’t Have To is a new series that gives you the TL;DR on a new business book you want to read — but don’t have time to.

What did I read?

Jeff Immelt’s new memoir, Hot Seat: What I Learned Leading a Great American Company, published last month.

So who’s Jeff Immelt?

Immelt, once considered a human embodiment of corporate innovation, was the ninth CEO and chairman of General Electric, the American conglomerate better known as GE, from 2001 to 2017. Having served as a manager in GE’s plastics, appliances, and health care divisions through the ’80s and ’90s, he eventually won a…

I Read It So You Don’t Have To

An economist gives a psychological tour through the messy business of numbers

Animation by Julia Moburg for Marker

I Read It So You Don’t Have To is a new series that gives you the TL;DR on a new business book you want to read—but will never have time to.

What did I read?

Tim Harford’s new book The Data Detective: Ten Easy Rules to Make Sense of Statistics (published in the U.K. as How to Make the World Add Up)

So who’s this Tim Harford?

He’s a columnist at the Financial Times, a BBC radio host, and the author of several previous books, the most recent of which is Fifty Inventions That Shaped the Modern Economy and the most popular of which is probably 2005’s The Undercover…

This is critical. During India's stringent pandemic lockdowns last year, liquor stores were shuttered as they weren't considered essential, and this led to a surge in hospitalizations, deaths, and suicides related to withdrawal:

He turned Amazon Web Services into the e-commerce giant’s biggest profit center

Andy Jassy, CEO of Amazon Web Services speaks at an Amazon keynote event.
Andy Jassy, CEO of Amazon Web Services speaks at an Amazon keynote event.
Image: Amazon Web Services

Today, Jeff Bezos announced that he would be stepping down from his role as CEO of Amazon and transitioning to executive chair of Amazon’s board in Q3 of this year. His successor will be Andy Jassy, who currently heads Amazon Web Services (AWS). Jassy joined Amazon in 1997, the year it went public, as a fresh graduate out of Harvard Business School. At the time, Amazon was still primarily an online bookseller, but in the early 2000s, the company launched its web services division, an effort that Jassy spearheaded. In a 2015 interview with John Furrier, Jassy describes how AWS…

Affirm’s IPO pop shows that the 2020 IPO fever hasn’t yet broken. The buy-now-pay-later fintech startup founded and run by PayPal co-founder Max Levchin went public on the Nasdaq yesterday, after having postponed its initial IPO plans in December to raise its share price from $33–$38 to $49. In doing so, Affirm was aiming to avoid a situation in which it underpriced itself relative to market expectations and ended up leaving a large chunk of money on the table, as Airbnb and DoorDash did when they went public last month. But almost as soon as they began trading, Affirm shares…

That’s Dickson Despommier, PhD, professor of microbiology and author of the book The Vertical Farm, quoted in a story by Laura Marie in Future Human. Despommier discusses the promise that…

2020 was a lot of things, but don’t forget it was also the 25th anniversary of Windows 95. If you’re feeling nostalgic for the halcyon days of Windows’ pixelated yet…

Best Business Books of 2020

An interview with Erin Meyer, co-author of ‘No Rules Rules,’ one of Marker’s ‘5 Best Business Books of the Year’

A view of the Netflix logo on the exterior of its corporate office at Sunset Bronson Studios in Los Angeles.
A view of the Netflix logo on the exterior of its corporate office at Sunset Bronson Studios in Los Angeles.
Photo: AaronP/Bauer-Griffin/GC Images/Getty Images

In Marker’s analysis of the “best of 2020 business books” lists, the book that appeared on most lists from the business media and booksellers was No Rules Rules by Reed Hastings and Erin Meyer. Hastings, co-founder and co-CEO of Netflix, and Meyer, a professor at the business school INSEAD and author of The Culture Map, take turns narrating this book about how Netflix’s unique organizational culture evolved and how it works.

Built around maxims like “We are a team, not a family” and “Adequate performance gets a generous severance,” doing away with controls like vacation limits and expense approvals, and…

Those are Mark Zuckerberg’s words, in a little red-orange book handed to new Facebook employees, according to reporter Sarah Frier’s award-winning book No Filter: The Inside Story of Instagram. In an excerpt from the book on OneZero, Frier explains how Zuckerberg’s paranoia that Instagram might become the more popular social network drove his decision to acquire it. Yesterday, the FTC and dozens of states filed two antitrust lawsuits against Facebook, with the aim of requiring it to divest WhatsApp and Instagram. The thing that kills Facebook might be created by someone else after all.

Kaushik Viswanath

Senior Editor at Medium with a focus on business and books at Marker. Previously an editor of business books at Penguin Random House.

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