Obsidian Sync 2024-10-29 21:09:46

content/daily-notes/2024-10-29.md

@@ -15,17 +15,4 @@ I found that I don't use the tab completion as much as the `Cmd-K` inline editin
 
 > Many people owe most of what they know about stock trading, bonds, arcane but controversial matters like naked shorts, meme stocks etc to Levine; and I would be embarrassed to admit how much of my economics knowledge comes through Levine rather than some more rigorous source like my old economics textbooks. This is because Levine provides 3 key ingredients which foster learning…
 
-This is the reason I recommend Matt Levine's newsletter to everybody. Reading his newsletter for a decent period of time is the equivalent of getting a minor in finance and economics.
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-#### Shopify vs Salesforce
-https://www.bloomberg.com/news/articles/2024-10-29/shopify-is-winning-salesforce-clients-stoking-e-commerce-rivalry
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-TIL Shopify and Salesforce are competitors in the ecommerce space.
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-> For years, Salesforce and Shopify peacefully co-existed. Better known for its customer management software, Salesforce entered e-commerce in 2016 with the $2.8 billion acquisition of Demandware. Now called “Commerce Cloud,” Salesforce says its clients include most top retailers, such as Saks Fifth Avenue. Customers also typically use other Salesforce products, meaning they can integrate the e-commerce tools with marketing and other functions, Ball said.
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-> Today,  the company’s commerce and marketing business is its slowest growing segment, and Shopify revenue eclipsed the business back in 2021. “They’re certainly a noticeable competitor in the space,” Ball said. “I think one would be head-in-the-sand to not see it.” Salesforce says it has been attracting Shopify customers, including Black Rifle Coffee Co., ReserveBar and Hasbro Inc.
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+This is the reason I recommend Matt Levine's newsletter to everybody. Reading his newsletter for a decent period of time is the equivalent of getting a minor in finance and economics.