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Lithic's New Customer

Lithic's New Customer

From"Age of Miracles"


Lithic's New Customer

From"Age of Miracles"

ratings:
Length:
41 minutes
Released:
Aug 12, 2021
Format:
Podcast episode

Description

You may not know Lithic. Until recently, it was called Privacy.com. 
In May, it announced an Amazonian move: delivering the card issuing & processing infrastructure it built for itself via an API.
Now, it's worth $800M and growing like a card rocket.
This is a fun one. We'll learn about Lithic's pivot using the framework that Ben Thompson laid out in The Amazon Tax. Build primitives, incur high fixed costs, expose primitives via API, get increasing returns to scale.
Read the full post at Not Boring here.


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Send in a voice message: https://podcasters.spotify.com/pod/show/ageofmiracles/message
Released:
Aug 12, 2021
Format:
Podcast episode

Titles in the series (100)

A narrative show that explores the complex industries that will play an important role in creating an abundant future for humanity. Every season, host Packy McCormick – a venture investor and writer of the popular Not Boring newsletter – brings in an expert cohost to go deep into the possibilities and challenges of making “sci-fi” dreams our reality in our lifetimes. The first season starts at the root of all progress and prosperity: unlocking 10x more clean and reliable energy by splitting and fusing atoms themselves.