Episode 164 — Valuing Value Chains

Ben and James discuss Amazon, Walmart, and groceries, Google Cloud versus AWS, and why understanding value chains helps evaluate business opportunities.

Links

• Ben Thompson: The Value Chain Constraint — Stratechery (stratechery.com/2019/the-value-chain-constraint)

• Ben Thompson: Walmart’s Earnings, Walmart’s Grocery Business, Amazon’s Grocery Stumbles — Stratechery Daily Update (stratechery.com/2019/walmarts-earnings-walmart…)

• Ben Thompson: Amazon the Black Swan — Stratechery (stratechery.com/2013/apple-the-black-swan)

• Ben Thompson: Amazon’s New Customer — Stratechery (stratechery.com/2017/amazons-new-customer)

• Ben Thompson: Walmart and the Multichannel Trap — Stratechery (stratechery.com/2016/walmart-and-the-multichan…)

• Ben Thompson: Google Cloud Changes CEOs, Layers of Surprise (or Not), The VMWare Analogy — Stratechery (stratechery.com/2018/google-cloud-changes-ceos…)

• Ben Thompson: The Amazon Tax — Stratechery (stratechery.com/2016/the-amazon-tax)

• Ben Thompson: Venture Capital and the Internet’s Impact — Stratechery (stratechery.com/2015/venture-capital-and-the-i…)

• Facebook Mulled Multi-billion-dollar Acquisition of Gaming Giant Unity, Book Claims — Stratechery (techcrunch.com/2019/02/13/facebook-mulled-mult…)

Hosts

• Ben Thompson, @benthompson (twitter.com/benthompson), Stratechery (stratechery.com)

• James Allworth, @jamesallworth (twitter.com/jamesallworth), Harvard Business Review (hbr.org/search?term=James+Allworth&sort=po…)

Podcast Information

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