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Year
2021
Quarter
Q3
Category
Drivers of Creative Destruction
Winners Take All
Disruption of the Incumbents
Section
Amazon
Apple
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Blockchain
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Tesla
2021 Q3
Model S @ $90k, 652km range (🏆 any EV). Model S 100D: 0-60mph < 2s
Tesla
2021 Q3
Model 3 @ $38k, 568km range, 0-60mph in 3.2s, #1 by mkt sh (17% USA)
bestselling EV in China: 138k (12% mkt sh)
Tesla
2021 Q3
Model X @ $100k, 579km range (WR any electric SUV)
Tesla
2021 Q3
Model Y @ $42k, “roomier” model 3 crossover
Tesla
2021 Q3
Roadster 2G (2023), 0-60mph in 1.9s, reservation at $50k, total ≥$200k
$1.5b R&D 2020: AI chips 6yrs ahead of Toyota. 🇯🇵: "we cannot do it”
Semi truck (2022): >2k pre-paid reservations at $20k, total $150k
Cybertruck (2022): 500k pre-orders, 6 seats, stainless-steel skin
proprietary data+chips+footage+GPS = new products eg. insurance
purchased $1.5b worth of bitcoin, also accepts bitcoin payments
Tesla
2021 Q3
batteries in-house masterplan: next-gen power cells → no cobalt
Gambit Energy (subsidiary), 100 megawatt energy storage in Texas
186 $/kWh industry-wide cost of EV batteries → Tesla at 114 $/kWh
Deception
2021 Q3
63% of *global* advertising is digital, of which 48% mobile
2021E: $190b Google + $108b Facebook + $20b Amazon
Instagram: creators must label sponsored posts
Snapchat trends: advertise to 300m DAU + new Biz profiles
Deception
2021 Q3
🇺🇸 search mkt sh: 🥇88%=Google 🥈6%=Bing 🥉3%=Yahoo...2.5%=DuckDuckGo
DuckDuckGo: #2 search engine on mobile in the 🇺🇸 🇨🇦 🇦🇺 🇳🇱
65% of Google searches (2020) = zero-click, 50% in 2019
Google to stop selling ads based on cookies (individuals’ browsing)
Deception
2021 Q3
Coalition for Content Provenance and Authenticity (C2PA)
Adobe, Arm, BBC, Intel, Microsoft, + photo id platform Truepic
Deception
2021 Q3
25m MAU on Brave, acq Tailcat: open search engine to create Brave search
🏁 browser to support IPFS access decentralized or censored content
Deception
2021 Q3
Disney Real-Time Ad Exchange: programmatic buyers compete for all ads
bring all Disney’s inventory online + audience graph to id viewers
Deception
2021 Q3
Polymarket: decentralized info mkts platform on blockchain, trade money
on outcomes of debated events, track odds, garner accurate insights
$78b/yr estimate economic damage of fake news
Deception
2021 Q3
students who self-select as ‘liberal’ → higher preference for informing
on other students that say something they find offensive #NIMBY
Deception
2021 Q3
MFA auth (2020): use of SMS +226% YoY, Okta Verify +184% YoY
Blockchain
2021 Q3
every asset in the world will be tokenized = true bearer instrument
Blockchain
2021 Q3
$2.1t value of all 8k altcoins/tokens, 96 crypto-assets @ >$1b
Blockchain
2021 Q3
on disk (digital) → on line (distribution) → on chain (immutability)
Blockchain
2021 Q3
$50b in total value locked on DeFi mkt, up from $1b in Jun-2020
TVL: $ assets locked in smart contracts, proxy for usage/liquidity
Blockchain
2021 Q3
>3b w/o access to sophisticated services: borrow/lend/AM on trad system
Blockchain
2021 Q3
decentralized finance “DeFi” and public blockchains = Bretton Woods 2.0
access to traditional finance services w/o middle man
Blockchain
2021 Q3
crypto lending protocols (on-chain lending) = earn % on your money
$15b+ on Compound's crypto-based automated lending platforms
4.5% APY on BlockFi's crypto accounts for Tier 1 BTC
Blockchain
2021 Q3
Coinbase: 68m users (7k inst), 100 countries, 0.2t in AUM (~11% mkt sh)
Blockchain
2021 Q3
$COIN shares: legal ownership → DTCC, shareholders → IOUs, = messy ledger
property right degraded to contractual right, w/crypto: accurate ledger
Blockchain
2021 Q3
crypto is the “exit” party
OCC: banks can use blockchains/stablecoins for settlement
6.04% of tx = avg cost to send a remittance from USA
32% of Nigerians use crypto. Visa: first crypto-settle tx ✓
Blockchain
2021 Q3
🇨🇳 e-yuan (DCEP) trials in Beijing + Suzhou, ahead of national launch
Blockchain
2021 Q3
🇺🇸 Banking for All Act: 1. Digital USD 2. Digital wallet 3. Fedaccount
Rides
2021 Q3
hrs/yrs lost in congestion: 🥇134=Bucharest 🥈133=Bogota 🥉100=NYC
$288b lost to congestion in 🇪🇺 ≈ 2% of GDP...USA > 2%
Rides
2021 Q3
🇪🇺 0 traffic deaths (2050): speed limit @ 30km/h, Paris+Bilbao+Glasgow ✓
Rides
2021 Q3
bike usage (% trips): 🥇Copenhagen=49% 🥈Amsterdam=35% 🥉Berlin=13%
Rides
2021 Q3
e-bikes 🇪🇺 sales since 2006: 20x, CAGR 30%, 1.6m sold in 🇩🇪 (H1 2021)
in 1hr crossing a 3.5m-wide urban space: 7x bikes = 1x cars
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