MBI Deep Dives

MBI Deep Dives

WhatsApp's New Era

Last month, Mark Zuckerberg announced a surprising leadership change in WhatsApp. Will Cathcart, who led WhatsApp since 2019, was replaced by Kunal Shah, an India-based serial entrepreneur. Just before joining WhatsApp, Shah was running CRED, an Indian fintech platform that rewards members with a high credit score for timely

Defending the Enterprise Castle from the Model Layer

If Microsoft’s lagging stock performance didn’t already cause a tinge of nervousness among its shareholders, Satya Nadella has been writing several pieces on X almost to clarify why Microsoft may be in a spot of bother in a world where model layer eventually becomes utterly dominant in capturing

What Makes Us Rich

Programming Note: As a reminder, every Sunday, I write pieces that are predominantly based on personal experiences which may or may not be loosely connected with investing. If you are reading MBI Deep Dives everyday, I think it would be rather useful for my readers to understand my personal lens

Matan on Stitch Fix

Matan Zinger has been writing a very interesting series on Stitch Fix over the last couple of weeks. I typically don’t spend much time on companies with less than a billion dollar market cap, but given the hype this company briefly enjoyed back in 2020-21, I was genuinely

Meta On the Offense!

This week has turned out to be a plethora of model launches with SpaceX releasing Grok 4.5 on Wednesday, and Meta and OpenAI releasing Muse Spark 1.1 and GPT-5.6 yesterday. While Meta has been on the news almost on a daily basis these days with admittedly

The Salience of Data

Let me begin with a thought experiment. Imagine you know nothing about OpenAI’s or Anthropic’s financials. No ARR figures, and no valuation marks from the latest round. Now add one more condition, and it may be less hypothetical than it sounds: assume every frontier lab has access to

Why Consumer AI Appears to be Lagging Enterprise

Last week, Mark Zuckerberg internally shared that AI agents haven’t progressed as fast as he hoped. While initially many interpreted this as Meta specific stumble on their agentic AI efforts in consumer, Alexandr Wang later clarified that Zuckerberg was talking about “the industry’s progress on agentic capabilities on

"It's not a lie if you believe it"

A couple of weeks ago, I explained that I am currently in the process of moving ~85% of my portfolio from Canada to the US now that I have become a permanent resident in the US. Physically moving from one country to another can be stressful, and it turns out

"Never Sell" Episode: Scuttleslops, OpenAI Valuation, Ryan Specialty

Programming Note: As mentioned earlier, MBI Deep Dives will be off for the next week and I will resume the cadence of posting daily on Tuesday next week (July 07, 2026). For the “Never Sell” podcast, Scuttleblurb and I published a new episode yesterday. Scuttleblurb recently introduced a new feature

Recommended Read

Instead of writing my personal musings on this Sunday, I would actually suggest you read these two pieces that expanded my understanding of the world: “How funerals keep Africa poor”, and “Why kinship societies kill their old”. They are both quite thought provoking and illuminating in a way that is