Bitcoin and more in general blockchain technology is a very hot topic now. Every man and his dog either invest in crypto-currency or work in a start-up based on this technology. One of the benefit that often promised by blockchain pundits is a decreased transaction cost. For example people from Continue Reading
How Australian IT companies pay taxes
Recently ATO published data about the biggest businesses in Australia and how much do they contribute to the budget. According ABC report, around 1 of 3 of this large local and multinational businesses with at least one hundred million dollars of revenue paid zero income tax for 2014-2015 financial year. Continue Reading
Why Uber has insanely high valuation or unit economics of self-driven taxi
In the wake of the recent legalisation of Uber in Victoria (Australia) and news about self-driven car test that the company conducting in Pittsburgh, I decided to make a short analysis of self-driven taxi industry prospects. The questions I was interested are: How will introduction of autonomous cabs will change Continue Reading
Can we trust Facebook audience interests?
Are you using Facebook Advertising and target people by interests? Well, I have not very good news for you – this targeting isn’t as reliable as you may assume. How Facebook assigns interests to their users? Let’s check the official documentation. At What is interests targeting? page of Facebook Adverts Help Continue Reading
Tennis and country income correlation
Is the expression that tennis is a sport for the rich still true? Will we see the correlation between income level and success in tennis? This post is follow-up to the analysis of “The most tennis countries” post I wrote couple months ago. Here I’ll analyse is there a link between Continue Reading
Are you still bidding on your company or brand name in Adwords? You may waste your money
Last week I had an opportunity to attend a presentation of Professor Steve Tadelis at Melbourne Business School. It was part of ‘Talking Data’ series and Prof Tadelis shared his experience of a large scale study he and his colleagues conducted for eBay few years ago. The study is called “Consumer Heterogeneity and Continue Reading
The most tennis countries: where are the top tennis players from?
It’s end of the January and therefore a tennis time in Melbourne. Australian Open is in high gear; Melbournians and guests can enjoy watching top of the crop tennis athletes playing at their doorsteps. Have you even wondered what countries are the home of good tennis players? I’ve always been, so Continue Reading
e-commerce customer lifecycle diagram
Just republishing this useful tool from Magenable blog Courtesy of: Magenable
How you can make ICT education wrong: iPad program in Victorian schools
My daughter is in grade 4 of Port Melbourne Primary School now and recently as a parent I’ve heard about planned start of a new ICT (information-computer technology) program next year. It’s good I thought, the school is taking up and will teach the kids useful skills. However then more Continue Reading
Antifragility stress-test: Uber as a black swan for taxi industry
In his famous books Fooled by Randomness”, “Black Swan” and “Antifragility” Nicholas Taleb refers to taxi driver as an example of the profession that is pretty antifragile. There can be bad day or week, but in general over the longer term as a taxi driver you should be OK, at Continue Reading