What’s the price of spice? If you’ve never seen a data app, that’s the question you should be asking yourself. Data apps are living documents that weave narratives around data and charts to explain, persuade, or empower.
Imagine your future self. You work for a large company selling spices and you’re tasked with exploring the impact of pricing changes. Most importantly, you’ll present the results to executives who will no doubt pepper you with questions about what-ifs.
You toss aside the presentation software, opting instead for a data notebook because this won’t be the last time you’ll be asked to analyze prices. With a notebook, you’ll be able to reuse your work.
First, you plot the historical revenues of the company on the Imperial Market: $189B solari is no small amount of spice. Revenues are flattish though.
Next, you unmask the reason for the tepid growth: prices have been static for the past six months or so, even though high-value customers transact just as frequently as smaller spice buyers.
You anticipate the CFO will ask questions about a particular customer or two, to test the integrity of the data. No problem. Type in any customer name into this section of the app to plot historical purchasing behavior. This customer’s pricing is clearly suboptimal.
Last, you decide to write a series of simple models to gauge revenue impact if the business varies cost and price increases. Now, you’re prepared. You share the app ahead of the meeting to pre-brief the key stakeholders.
The Eastern Band of Cherokee Indians is facing a labor crisis at its two North Carolina casinos. The Charlotte Observer reports that almost 800 jobs are currently unfilled at its flagship Harrah’s Cherokee Resort, and 90 at its sister property, Harrah’s Cherokee Valley River Casino in Murphy. Tribal council member Boyd Owle said during a […]
We’re announcing the Flocabulary contest winners and finalists for Black History Month 2022! In honor of Black History Month, we invited students to be the researchers, lyricists and rappers. Students from all over the country selected under-recognized Black historical figures…
Last December, a case between Craig Wright – an Australian computer scientist and the self-proclaimed inventor of bitcoin – and David Kleiman, now deceased, saw Wright having to forfeit as much as $100 million to Kleiman’s family and estate. It was alleged in the case that the two had worked together on various bitcoin-related projects...
The Gensyn Protocol Trustlessly Trains Neural Networks at Hyperscale with Lower Order of Magnitude of CostLinks: Gensyn website, Litepaper, CoinFund Portfolio, TechCrunch Article LinkInvestment Thesis SummarySecular...
Introduction to the PZ Pivot Points Indicator The Pivot Points Indicator is one of the few technical indicators that is commonly used by professional traders including institutional traders trading for large financial institutions. This is because the Pivot Point levels are key price points where price is more likely to react on. Price could either […]
European technology companies have undeniably entered the global stage to compete with tech made in Silicon Valley. While the United States is still home to 4 times the amount of tech companies worth more than 1 billion USD (so-called “unicorns”), Europe is catching up at speed and breeding unicorns faster than the US ever did. […]
This post is aimed at CEOs and founders who are looking to upgrade their SaaS Financial Model to an operational tool that helps them make more informed decisions. This is the same core model that enabled me to simultaneously work with dozens of startups using spreadsheets, while we built our SaaS financial modeling software Flightpath. Table of […]