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What is the Difference Between Mastercard and Visa?

Stax

TL;DR Visa and Mastercard are the world’s two largest payment networks, offering a range of prepaid, credit, and debit card options. Overview of Mastercard Mastercard was created by a consortium of banks in 1966 in an effort to compete more effectively with Visa, which at the time had a virtual monopoly on payment processing.

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Software Transcends Borders—Why Not Money?

Andreessen Horowitz

Software is inherently global and easily transcends borders—localizing it can be as easy as translating the language. In Brazil, for example, Pix became the most popular payment method in the country in just two years—as well as the second-most used instant payments system in the world. Who is the Google of Brazil?

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BarbAIrians at the Gate: The Financial Opportunity of AI

Andreessen Horowitz

Released in 1979, VisiCalc was the first “killer app” of finance (on the Apple IIe!), Generative AI is likely going to usher in a far more profound method of company transformation. Lockheed Martin makes F-35s by assembling atoms, and has a 13% gross margin; Salesforce makes software by assembling bits, and has a 74% gross margin.

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Monday Social Media News Roundup: Week of October 23rd

Buffer Resources

Instagram Data Portability Users can now transfer their Instagram media to Google Photos and other services, enhancing data management across apps. AI Chatbot Moderation Meta is striving to curb inappropriate responses from its new AI chatbots to ensure a safer user experience.

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What is Dynamic Pricing? Everything You Need to Know About Implementing Dynamic Pricing in 2024

Stax

Dynamic pricing systems refer to pricing models where the price of goods and services fluctuate based on a range of factors. Together, these strategies have paved the way for more sophisticated and responsive dynamic pricing systems, which use machine learning to make thousands of pricing decisions per minute.

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As Software Platforms Grow, So Do the Oligopolies

Software Platform Consulting

The recent news reminds me just how many markets are becoming oligopolistic–especially those dominated by platform software. Before We Get to Software… Warren Buffett recently announced that he was buying airline stocks. So why would the Oracle of Omaha invest in airlines now? Software Platform Oligopolies.

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PODCAST 93: The Journey from 2x Founder to VC with Angus Davis

Sales Hacker

In 1995, while a high school student Rhode Island he was an early employee at Intelecom Data Systems, one of America’s first commercial internet service providers and website developers. Primarily I’m interested in companies that focus on SaaS , perhaps have some sort of AI angle to that. Success without College [2:46].