Business & Money
Apparently, Alphabet (Google) is batting around the idea of a $1 billion investment in Lyft. This is funny and ironic for a whole host of reasons, but I’ll leave those for another day. The thing I’m really thinking about is, what if Lyft just accelerated IPO plans and listed early as a means to raise capital, instead of relying on the private markets?
This would poor serious gasoline on the fire that is the burning chaos over at Uber. First off, I doubt Uber’s private valuation would hold up if the market had an opportunity to value its closest rival. This would lead to serious markdowns from the late stage investors and mutual funds, more board disputes, and more disgruntled employees. It also might further delay Uber from going public to give it more time to grow into its private valuation. Further, it might give Lyft the opportunity to control their own narrative instead of constantly living in Uber’s shadow.
Of course, this is all really just an interesting thought experiment. Once both companies are public, who went first won’t really matter. But it’s interesting to think about nonetheless.
We went from mainframes to PCs, PCs to the internet, and from the internet to mobile. But what comes after smartphones?
Apple would like to think it has something to do with the Apple Watch, and they may be on to something. At their latest Keynote, Apple announced that Watch 3 comes with built-in cellular capability, which is the beginning of the watch’s untethering from the iPhone.
If you remember, this is exactly what Apple did with the iPhone. When the original iPhone launched, it required that you had iTunes running on a computer to be able to use it. That’s how you got your music, backed up data, and installed software updates. Then the app store launched and you could download all software over the air, stream music, and do anything else that software developers could dream up.
Now with Watch 3 + Airpods, the same thing is happening. You can start to imagine a world where you don’t actually need to carry around a smartphone all the time. And as Siri continues to improve, coupled with powerful NLP technology, Apple could be ushering in the next major paradigm shift in computing.
One of the things I love about meditation is the mindfulness that cultivates outside the practice itself.
I went to grab my normal lunch at Dig Inn this past Friday. When I arrived, I saw the macaroni and cheese looking fresh and delicious. Despite my elimination of dairy lately, I thought “maybe I’ll have a cheat day and treat myself to some mac & cheese.” Then not even a second later, I thought “nah, that’s just a temporary craving and I don’t really want it that bad.” The craving had appeared then disappeared in my mind, just like that.
Then I got to the register and the cashier proceeded to ring up the person in line behind me as if I wasn’t even standing there. I got annoyed for a half second, then it was gone. I was in no particular rush.
Then, as I proceeded to the cutlery station to retrieve a pair of silverware, that same girl who had been rung up before me viciously cut me off to get her silverware first. I stepped back, watched her walk away, and just had a little laugh to myself. It’s so confusing to me how rude people can be, while being completely oblivious to it. Haha. No big deal. I just sat down, enjoyed a wonderful lunch, and subsequently had a wonderful day.
All of these cravings and emotional responses just rise and fall seamlessly when you recognize them for what they are, and realize that they need not upset your mindset.
My Latest Discovery
I’ve written here before about how much I love Raptitude, “a blog about getting better at being human.” David Cain, the blog’s author, also runs a virtual mediation retreat called Camp Calm. Registration for the next session opens up this week if you’d like to check it out. It’s a very lightweight introduction to mindfulness and meditation. You won’t regret it.