Countless termites die every day from natural causes, and that makes them the lucky ones. Many are poisoned by liquid pesticide sprayed along entry routes into homes. Still others are duped into ingesting toxic morsules that they share with nest mates, unwittingly wiping out whole colonies, slowly, over months. More creatively (and less commonly), they […]
Looking at TRUP is like staring at one of those ambiguous images that could be both a rabbit and a duck, both a saxophonist and a woman’s face: we know that this is an insurance company, but we’re compelled to analyze it as a data-driven subscription service. Of course, all responsible insurers are data-driven and […]
Today’s post is part of a broader discussion about scale advantages: when they apply and to what degree. I’m addressing this topic in the context of rolled-up entities because, in my experience, it is here that scale advantages seem far too liberally promoted, even if they do sometimes apply with awesome effect. This write-up was […]
Executive Roundtable: Street Talk (11/9/17), Phocuswright Conference Rachael Rothman, Sr. Analyst, Gaming, Lodging, and Leisure at Susquehanna Financial Group (on hotel demand) “I think we know from the industry-wide data that there is a definite shift to book direct…I would also just highlight that going back 30 years from hotel school, we always thought of […]
Before CoStar came onto the scene in 1987, getting clean and current data on rental rates, vacancies, absorption, and precedent comps needed to transact in commercial real estate was a vexing, ad hoc process. In the early/mid-90s, juniors staffed across various financial institutions devoted significant chunks of their workweeks collecting and scrubbing this information. Or […]
Trivago’s “relevance assessment dimension”, implemented in late 2016, is an algorithmic adjustment that compels hotel advertisers to improve their landing sites and booking engines if they want to rank higher in trivago’s search results. The idea is that while the user experience starts with a room search on trivago, it extends to when she clicks off […]
I don’t think there’s anything to do here given the lofty valuation (30x on what feel like peak earnings), but I like this company and thought it was worth a quick shout out. Old Dominion is an incredibly well-run business staffed with high-caliber folks who care deeply about their work. The first thing to understand […]
Almost every electronic device you use on a daily basis is infested with analog chips that monitor, amplify, and transform real world phenomena (weight, light, temperature, amplitude, power), into digital signals that electrical systems can understand. These chips are the silent and unappreciated heroes that enable safety and infotainment features in cars, wireless infrastructure equipment, […]