Two years ago, we launched Bismarck Brief.
Since then, our analysts have written half a million words on the state of technology, the U.S. government, Chinese industry, and the world.
Here are the 9 most important things we learned about how the world works in 2023.
đź§µTHREAD: https://t.co/fJWSLRiaUf




Two years ago, we launched Bismarck Brief. Since then, our analysts have written half a million words on the state of technology, the U.S. government, Chinese industry, and the world. Here are the 9 most important things we learned about how the world works in 2023. đź§µTHREAD: https://t.co/fJWSLRiaUf    
Techno-Industrials are addressing larger markets than most software companies can.
They use whichever tools they need to provide better solutions to key bottlenecks with better unit economics than incumbents.
They are more capital efficient than most investors expect.
And they have to be more strategically sound than the average software company.
B... See more
They use whichever tools they need to provide better solutions to key bottlenecks with better unit economics than incumbents.
They are more capital efficient than most investors expect.
And they have to be more strategically sound than the average software company.
B... See more
Better Tools, Bigger Companies
Tobi Lutke (@Tobi) Is Th...
