BC SOCIETY
Saved by @Mollyycolllinss

Instacart is a great example of a company that as it exists today is a interim, not end state business. There will be opportunities to change that positioning, but they will face some critical choices ahead.

 Supermarkets are built purposely in prominent locations to catch retail eye & the layout is designed to offer a wide range of SKUs while drawing attention to the highest margin and/or velocity ones.
1st problem: the supermarket's sprawling layout is suboptimally designed for efficiently picking & packing your order.
2nd problem: Instacart doesn't have perfect visibility into the SKUs at a given supermarket in a given day, so the inefficiency for a picker is twofold-can't find items, then have to wait for your approval for replacement goods before checking out.
So what is Instacart? The two things they do efficiently are:

1) own the customer & monetize the data that comes along w/ that.

2) Efficiently deliver last mile logistics.
They are NOT an efficient picker & packer of the goods themselves, though they do make plenty of money on that job today.

Importantly there are better models being developed & proven by some supermarkets powered by the likes of Ocado.
The problem as I see it for Instacart & for supermarkets is either Instacart has to build their own dark stores with wide ranging SKUs and efficient picking/packing (whether lightly or fully automated).
Or supermarkets need to dedicate more of their floorplan toward an optimized logistics-only fulfillment setup. If supermarkets do this, they will want to be compensated for the expense/service instead of Instacart itself capturing that margin.
In the pre-supermarket days, groceries were a counter, with a phone and the clerks picked stuff off linear shelves to either have ready for pickup or delivered to the door (full last mile). https://t.co/OmLdaFy5Tm
Going Back to the Future is inevitable here, but who controls which pieces and how profit pools are allocated across partners is not obvious yet.
How can Instacart coax supermarkets to evolve their presence for an optimized last mile setup without promising the notably low margin biz of supermarkets more of the revenue pie?
Alternatively, how can Instacart start building their own optimized, vertically integrated digital supermarket with last mile fulfilment without alienating their supermarket partners along the way?
Threading the needle between these two competing interests will not be easy, but it will be interest to watch as both a customer and investor studying (but not investing in) the space.
You can win a big market by winning in the interim state, owning the customer on the way to an endstate. Netflix is a great example of such a co who threaded that needle. https://t.co/7XSEXFSgA6

More from Society

Noah Smith
Noah Smith
@Noahpinion
1/OK, I should really write another thread about university-centric regional development, because I think people often make some (very understandable) mistakes when thinking about this issue.

2/The biggest myth, I think, is that universities help regions by educating locals as undergraduates.

Skeptics of universities say: "But most of the people who graduate end up leaving."

3/In fact, most of what a university does for a regional economy is NOT about educating local kids.

Educating local kids is good for the nation, but doesn't help a region much.

The way a university helps a region is through

4/Undergraduates usually leave town after graduation.

But university RESEARCH pulls in OTHER smart people from other regions, and they stay there.

Here's a paper showing that this is the main way universities increase a region's human capital:

5/Research also pulls in business investment.

Companies want to partner with university labs, so they can commercialize the technologies the labs produce. So they invest in the labs, and sometimes they even put their offices in the town.
SOCIETY
AFP news agency
AFP news agency
@AFP
Hong Kong protester equipment list:
- respirator (dubbed "pig snouts" in Cantonese)
- helmet
- eye mask
- heat-proof gloves
- water bottle
- cling wrap
- saline
- traffic cones
- pots and pans

Demonstrators find creative methods to battle police tear gas
https://t.co/kPeUTu9iFh


AFP graphic charting Hong Kong's main socio-economic indicators and opinion polls on press freedom and government performance

@AFPgraphics


AFP graphic showing the main equipment used by hardcore pro-democracy protesters in Hong Kong to battle police tear gas, pepper spray and rubber bullets

@AFPgraphics


Frontline first aid.

Nurses, doctors, medical students and ordinary citizens with first aid training have clamoured to join a small volunteer corps helping treat people involved in the Hong Kong protests

@AFP's Yan Zhao reports: https://t.co/uDfYkMeZJf

📸 Anthony Wallace


Pro-democracy activists kick off three days of rallies at Hong Kong airport.

Protesters hope to win international support from arriving passengers. The last demonstration at the airport on July 26 passed off peacefully without causing flight disruptions
https://t.co/jmVqtEd4M2
SOCIETY
Advertisement
KeyserSozeBro
KeyserSozeBro
@KeyserSozeBro1
My little Jacob Wohl story: August 2016, we're sitting around the trading turrets at my office on a bored to tears slow day. Our receptionist said someone was here for his 2pm appointment. None of us had an appointment on schedule. Who is it? we ask? Some guy named Jacob Wohl 1/

Jacob Wohl, for those out of loop, gained quite a bit of notoriety for becoming the youngest guy to ever get himself barred for life from the financial industry. Now he's waiting in our lobby to pitch something. We're a large merchant bank. 2/

Send him in, we said. In walks young Jacob asking to be seeded with $25mm to start a new hedge fund in exchange for an ownership stake in it. Oh, & he needs an office. And a Bloomberg station. And needs to borrow staff until he can hire some guys. And he needs a leased car... 3/

And he needs an answer today. Right now. Because there's a competing offer from Izzy Englander's firm Millenium (we know those guys well). We fight the urge to literally start laughing, but do ask him...hey, you the same guy who got banned by regulators? He didn't even flinch 4/

He went on about that being untrue & handed over a letter he said was from his lawyer who had confirmed he was not barred, had been vindicated but it 'just wasn't in the system yet at the SEC, CFTC'...whatever that means. 5/
SOCIETY
Kurt "Masks Save Lives" Eichenwald
Kurt "Masks Save Lives...
@kurteichenwald
For those of us suffering & dying in Texas, the sociopathy of @GOP that leads to an astonishing lack of concern about our lives by evil folk like @GregAbbott_TX @GovernorPerry @TuckerCarlson @DanCrenshawTX et al who blatantly lie about what’s happening...1

...just to score political points - and protect the profits of energy companies - is almost incomprehensible. These are people who would claim Social Security caused 9/11 if it was convenient. What caused this catastrophe is vast vast majority from gas, then coal/nuclear...2

...then wind. The ONLY source of power that is delivering more than expected in budgeting is wind. But that’s not convenient to say for the oil/gas/coal industry, so the @GregAbbott_TX @GovernorPerry @DanCrenshawTX stand atop our dead bodies lying to protect the companies...2

...shockingly, the ONLY people in a position of state/national strength are the executives with the company that manages electricity in the state, @ERCOT_ISO. But they can’t tell the whole truth, because that would entail revealing how much stupidity was done here for profit...3

...of industry by Texas @GOP. If gas/nuke/nuclear/wind had been winterized - as they are everywhere else in the country - this would have largely been prevented. But it would have cost companies money, and that would cut into profits. If the gas lines has been buried deeper...3
SOCIETY
BIG DADDY
BIG DADDY
@bigdaddyvinz
If you often procrastinate, open this

Stop being a perfectionist.

The root of procrastination for most people ain't laziness, it's anxiety.

I know your anxiety will tell you the worst case scenario. It’s a damn liar.

If you're a procrastinator, you will find every excuse not to do what u need to do. But here's an advice: DO IT FIRST, I call it reverse procrastination.
SOCIETY

You May Also Like

Noah Smith
Noah Smith
@Noahpinion
1/OK, I should really write another thread about university-centric regional development, because I think people often make some (very understandable) mistakes when thinking about this issue.

2/The biggest myth, I think, is that universities help regions by educating locals as undergraduates.

Skeptics of universities say: "But most of the people who graduate end up leaving."

3/In fact, most of what a university does for a regional economy is NOT about educating local kids.

Educating local kids is good for the nation, but doesn't help a region much.

The way a university helps a region is through

4/Undergraduates usually leave town after graduation.

But university RESEARCH pulls in OTHER smart people from other regions, and they stay there.

Here's a paper showing that this is the main way universities increase a region's human capital:

5/Research also pulls in business investment.

Companies want to partner with university labs, so they can commercialize the technologies the labs produce. So they invest in the labs, and sometimes they even put their offices in the town.
SOCIETY
V.S.S
V.S.S
@Scion_of_Shekha
8 March 1679 - The date on which 300 saffron clad warriors gave their life to protect temples from mugal army. Thread➡️
Aurangzeb's huge army, which was adorned with artillery, elephant and horses, under the leadership of Commander Darab Khan had marched to punish the ruler of/1


Khandela Raja Bahadur Singh, who became a rebel due to the anti-Hindu policies of Aurangzeb, and to destroy the temples of Shekhawati. Bahadur Singh to compete with such a large army, vacated Khandela for the purpose of conducting guerilla warfare and went Kot Sakrai /2

located in the inaccessible hills of Sakrai. People of Khandela also vacated Khandela and hid in nearby villages.

But some Shekhawat warriors did not like this as they knew that the royal army would not leave a single temple located in Shekhawati unbroken./3

so soon the teams of self-sacrificing Dharma-protectors Shekhawat heroes started reaching Khandela to protect the Dev temples.

Sujan Singh Shekhawat, the young thakur of Chhapoli, was coming back from his wedding when he heard about the imperial army from Shepherds./4

झिरमीर झिरमिर मेहा बरसे,मोरां छतरी छाई |
कुल में है तो आव सुजाण, फोज देवरे आई ||

if you are born in your glorious clan, then come, the army have come to destroy temple. /5
ALL
Advertisement
Sam
Sam
@SamKhan999
This day was inevitable. Indian Muslims always lived in La La Land. They bad mouthed real well wishers & slept with the enemy who never considered them as part of them. In Gulf, Indian Muslims were busy with Javed Akhtar & Sonu Nigam. Never interacted with South Asian diaspora

Now when Indian Muslims are thrown to wolves it’s Pakistani & Bangladeshi Muslims with whom they kept distance are the only ones feeling their pain. None of the people who they invited for Eid Milan. Qawali & Mushaira are there for them. Such people invoke wrath upon themselves

Indian Muslims never spoke for Kashmiri Muslims. Distancing from separatist was understandable but we never even bothered to highlight their human rights violation & rapes carried out by forces. We could have sent them humanitarian help we didn’t. Our silence made us complicit.

When Sania Mirza married Shoaib Malik it was something legal. A Muslim married another Muslim. Entire Hindutva media went after her. They launched a witch-hunt for months. No Indian Muslim stood by her. All were silent. Now days come when Muslims are arrested for marrying a Hindu

Indian Muslims particularly the elite downplayed communalism in India by saying it will pass or Hindu majority is good. Fringe are bad. They misguiding others. Muslims were always others. Indians were happy to see Muslims sing & dance & eat their food but never considered as own
INDIA
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Boss is always Boss @Mitesh_Engr

Mitesh Sir's FUTURES BREAKOUT TRADES 101:

• How to pick stocks at right time?
• What to look for?
• Importance of BO post consolidation
• How to manage SL
• How to get huge profits
• Multiple Examples

In collaboration with @niki_poojary


Importance of Trading only BO or BD stocks by @Mitesh_Engr Sir: 👇

•Two questions to always ask:

~Why stock is going up/down and when?
~ Who is behind big up/down and when?

• Trade only stocks with Momentum
• Instant results
• Small SL or huge profits


Sir's take on how to Trade: 👇

• Observe fight between buyer & seller
• Position will be created within first 3 hours
• Operators will win
• Just find BO or BD
• Look for huge volume support
• Give company to operators
• ATP importance explained


How to take trade in Breakout/Breakdown stocks by @Mitesh_Engr Sir: 👇

• Check Support & Resistance
• Wait for 2-3 months consolidation
• Surge in volumes
• Trade on 3 min charts
• Small SL
• Keep trailing
• Always pyramid in profit


When and Why to Pyramid? By @Mitesh_Engr Sir

• Adding to winning positions
• Signals of continued strength
• Potentially large profits
• An Example of pyramiding in one of his trades
MPLEARNINGS , ALL , MPTRADERULES
Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Nanganallur Anjaneya Temple
#Chennai
#Tamilnadutemples 🚩

Bhaktha Anjaneya temple at Nanganallur in Chennai is one among tallest Anjaneyar Vigraham. Here Anjaneyar blesses with relief to all illness. Vigraham is about 32 feet height made of single  stone.
Anjaneyar here is 👇


Sri Vishwaroopa Aadhivyathihara Baktha Anjaneya Swamy.

Sthala Puranam says that, this is the place where Indra Deva hit Hanuman on the cheek by his Vajrastram. Sri Raghavendra Swami and Sri Kanchi Paramacharyar were behind in building this temple. Temple is constructed to


Realize power of Anjaneyar who is seen both in Ramayana and Mahabharatha.
Vadamalai is important offering to Anjaneyar here. It is believed that vigraham contain powers to heal any disease. Shri Ramanavami is celebrated here.

Jai Sri Ram
Jai Hanuman
🙏🕉🙏
ALL