Deep Dive #5 - The Margins
Background
- SoftBank
- Japanese investment firm
- Known on HN for making large, questionable investments
Background
- WeWork
- Shared office space rental company
- Known on HN for losing money
- Received $9B from SoftBank
Background
- DoorDash
- Food delivery company
- Known on HN for shady business practices
- Received investment from SoftBank and Y Combinator
Background
- arbitrage: Simultaneous buying and selling of an asset on two different markets.
- e.g., your local Wal-Mart sells Playstation 5s for $400, but you can sell them on eBay for $500
What it does well
- Tells an amazing story
- Story reveals something deeper
What it does well
- Makes the reader feel like an insider
What it does well
- Strong writing
- Taps into the HN zeitgeist