Thinks 530

Wired on Shein; “The Chinese company has become a fast-fashion juggernaut by appealing to budget-conscious Gen Zers. But its ultralow prices are hiding unacceptable costs.”

John Maeda: “The simplest way to achieve simplicity is through thoughtful reduction. When in doubt, just remove. But be careful of what you remove. … When it is possible to reduce a system’s functionality without significant penalty, true simplification is realized.” [via Shane Parish]

A 2011 essay by Bill Gurley: All Revenue is Not Created Equal: The Keys to the 10X Revenue Club. In it, he discusses “some of the key business characteristics that would be used to separate high quality revenue companies from low quality revenue companies, and therefore are the distinguishing traits that warrant high price/revenue multiples.”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.