Reforming Retail

UK Banks Use Trump As Excuse For Money Grab. But Here’s The Real Lesson

We saw a story last week that UK banks were worried about the stability of Visa and Mastercard in the wake of Trumps’ capricious geopolitical moves. We get it: Trump is entirely unpredictable. Banks like...

PAR Share Price Proves Good Execution Can Never Outrun A Terrible Industry

PAR has grown its recurring revenue dramatically since its current CEO took over in 2018. They dumped a dragging government business, pivoted away from hardware, and acquired a ton of software assets to grow...

Why Adyen’s Business Model Will Need to Change

Adyen reported financials and the stock tanked again. The market is overreacting. But it doesn’t mean there aren’t glaring issues to those of us on the inside. Adyen is one of the best payment...

Toast Issues Apparent Rate Increase, And We Told You So

You know why you charge customers more? Because your costs go up. But why would you charge more if what you charge is perfectly indexed to inflation? Because you’re a public company that needs to show...

AI Is The Biggest Opportunity Since The Internet. Don’t Waste It on Retailers

If you look at the largest companies in the world they benefit from a zero cost of acquisition. In startup land this is called product led growth, and there’s an entire community around how to build your...

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