Stratechery has benefited from a Meta cheat code since its inception: wait for investors to panic, the stock to drop, and write an Article that says Meta is fine — better than fine even — and sit back and watch the take be proven correct. Notable examples include 2013’s post-IPO swoon, the 2018 Stories swoon, and most recently, the 2022 TikTok/Reels...

In the days after SpaceX’s awe-inspiring Starship launch-and-catch — watch the first eight minutes of this video if you haven’t yet — there was another older video floating around on X, this time of Richard Bowles, a former executive at Arianespace, the European rocket company. The event was the Singapore Satellite Industry Forum, and the year was 2013:...

The popular history of technology usually starts with the personal computer, and for good reason: that was the first high tech device that most people ever used. The only thing more impressive than the sheer audacity of “A computer on every desk and in every home” as a corporate goal, is the fact that Microsoft accomplished it, with help from its longtime...

This Article is available as a video essay on YouTube I was born in 1980, which technically makes me a part of Generation X; there is at least one data point, though, that makes me a millennial. In 2021 Fast Company conducted a survey about what constituted middle age; millennials defined it as 35 to 50, while Generation X said 45 to 55 (Baby Boomers...

It really is a valley: There, right in the middle of the Santa Clara Valley, formed by the Santa Cruz Mountains on the west and the Diablo Range on the east, lies the once-sleepy city of Mountain View. Mountain View was dominated by the U.S. Navy’s Moffett Field in 1955, when William Shockley, one of the inventors of the transistor at Bell Labs,...

The original Pixel was released in 2016 at the end of interesting, at least when it came to smartphones. Two years earlier Apple had finally knocked down every barrier limiting iPhone growth, releasing the large-screen iPhone 6 worldwide, including on the elusive China Mobile; Samsung, meanwhile, had consolidated the high-end of Android. Over the ensuing...