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P.S. You Should Know... | Issue #165

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👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
 
May 24 · Issue #165 · View online
P.S. You Should Know...
👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7am CST, and definitely the best one published by me. Now in its fourth year!

my story 🚀
🖱 When I stepped away from eComfort & Power Equipment Direct in late 2018, I left 3 monitors, my favorite keyboard, and my mouse behind. I’ve been a laptop-only office nomad ever since. But nomadic life is hard these days, so this week I found myself working exclusively from our home office (formerly known as our guest bedroom back when we had guests). To commemorate this new chapter in my work life, I bought a mouse. I’m still resisting monitors, though, because at least I can toss the mouse into my backpack when it’s safe to be a nomad someday. Have you done anything special to make your work-from-home experience better?
someone else's words 💬
fun facts 🙌
A high-tech shroom farm coming to Jamaica. Jamaica and the Netherlands are somehow the only two countries where magic mushrooms are legal. “A Canadian startup called Anahit Therapeutics is trying to get ahead of the psilocybin legalization curve by building cultivation facilities in Jamaica.” | learn more
A sex doll scandal for a South Korean soccer club. Since the stadium had no fans they decided to use mannequins to fill the stands. I guess they subcontracted the job and didn’t get quite what they expected. “A top South Korean soccer club is apologizing after using sex dolls as a substitute for human fans during a match over the weekend.” | learn more
oh, chicago 🏆
The death of a scapegoat. There was a flood in the loop in 1992. Then-mayor Richard Daley acted quickly to blame and fire someone. So, he fired the only guy who was actually trying to solve the problem, blaming him for acting too slowly. That man was John LaPlante, who passed away this month. Read this for a historical reminder about how politics works. | learn more
Mayor Lightfoot says Chicago isn’t ready for reopening next week. I don’t know if the conclusion is right or wrong, but the presentation is frustrating. Lightfoot talks a lot about “the data” in the abstract, but I have yet to hear her talk about any specific data nor her analysis of it. If you have informed opinions on this topic, please reach out so we can talk offline! | learn more
tech, startups, internet ⚡
Not even wrong: ways to predict tech. Benedict Evans discusses prediction-making, touching on the subject near and dear to science: falsification. His point is that, “that a theory might be right or wrong, but first it has to rise to the level of being a theory at all.” | learn more
A return to the DIY economy. Data gathered by Starting Line VC from consumer surveys points to a shift away from, “American families’ reliance on the service economy as they became forced to adapt to the reality of fending for themselves while sheltering in place – no childcare, no house repairs, no baristas to prep your favorite drinks.” | learn more
Living in the future. A podcast interview with Shane Parish of The Knowledge Project (and Farnam Street). “Mike Maples, partner at the VC firm Floodgate, shares how mental models shape his decision making process, where to find the next big idea, and how to rally people to your cause.” | learn more
better doing 🎯
A commencement address too honest to deliver in person. Despite the many references to high-brow classics that I have never read, I appreciate the message that writer David Brooks has for the class of 2020. Don’t stop learning hard things and don’t waste this opportunity to stay off all “career tracks.” | learn more
to your health ⚕
Tennessee’s secret to plentiful Coronavirus testing. I’m surprised more states aren’t doing this. “Just about anyone who wants a coronavirus test in the state of Tennessee can get one. How? The state got buy-in and lots of participation from private labs by assuring them it will pay them.” | learn more
retail therapy 💸
James Cash Penney and the ‘golden rule.’ From the New York Times in 1971, resurfaced because of the chain’s recent bankruptcy filing. “In an interview on his 93d birthday, he said that the profit sharing plan for employees that he started in 1907 had been largely responsible for the concern’s success because it created incentive and made all employees truly “associates,” as they were called.” | learn more
The Hertz Corporation files for bankruptcy. From the restructuring industry newsletter Petition: “Much like most other COVID victims, Hertz could be described as having mild pre-conditions that made it generally more susceptible to the virus. For years now, the company has been attempting to effectively treat itself.” | learn more
under the microscope 🔬
Building muscle and preventing obesity without exercise or dieting. “A compelling new study, led by scientists from Washington University School of Medicine in St. Louis, has found a novel gene therapy can prevent obesity and build muscle without the need for additional exercise, in mice being fed a high-fat diet.” | learn more
New T-cell raises prospect of universal cancer therapy. T-cell therapy has been a game changer for cancer therapy, but its applicability has so far been very narrow. “Cardiff University study describes unconventional immune cell which could open up treatment of wide range of cancers in all patients.” | learn more
thoughts of food 🍔
The death of the all-you-can-eat buffet. I really like modern salad bars, and I realized this week during a visit to Whole Foods that they’ll probably be gone from the scene for a while. “The all-you-can-eat buffet is unlikely to survive the pandemic in its current form—in part because sanitation already made it somewhat risky.” | learn more
big ideas 📚
Innovation can’t be forced, but it can be quashed. Our favorite rational optimist Matt Ridley is back with more interesting writing. “To solve 21st-century problems, innovators need the freedom to experiment without the burden of overregulation and the abuse of intellectual property rights by vested interests.” | learn more
on the blockchain ⛓
JPMorgan will now bank Crypto exchanges. “While its CEO once called bitcoin a fraud, U.S. banking giant JPMorgan Chase has added its first cryptocurrency exchange customers, Coinbase and Gemini.” | learn more
calls to action 👇
P.S. Here are some ways you can contribute…
1️⃣ Share details about a project or problem you’re working on.
2️⃣ Introduce me to someone entrepreneurial (opt-in only plz).
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5️⃣ Forward the newsletter to a friend who might enjoy it.
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