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P.S. You Should Know... | Issue #184

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👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
 
October 4 · Issue #184 · 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 🚀
🗽 After four days of leisurely driving, we arrived in Austin Saturday afternoon. Along the way we enjoyed stopped in various towns and cities, letting our kids run (crawl) loose in random parks and playgrounds, and generally getting a nice slice of Americana. We’re so fortunate to have this opportunity and are going to make the most of it!
someone else's words 💬
fun facts 🙌
When we lose weight, where does it go? If you had forced me to guess before reading, I would have certainly been wrong. Maybe you’re in the same boat? | learn more
Iconic home floor plans reveal urban history. “To understand a city, start with the foundation. Floor plans from homes around the world explain how the way we live has shaped the design and architecture of urban neighborhoods — and vice versa.” So far I’ve learned about Amsterdam’s canal houses, Berlin’s mietskaserne tenements, and London’s two-up, two-down row houses. There are more! | learn more
The farm-to-market roads of Texas. As we drove into Texas, I saw the initials “FM” on many highway exit signs. There’s a whole roadway system connecting farms with their local market towns. | learn more
tech, startups, internet ⚡
The quest for monopoly. This is about the NYSE, who lost their dominant market position before rebuilding it. I appreciate that it’s an example of a long lived and rarely highlighted monopoly business. The article does a wonderful job of telling the story. There’s a message here that regulation of monopolies does backfire sometimes. We mere humans can’t predict how and when very well. | learn more
Investment memos from Bessemer Venture Partners. “Like the knight’s sword, the firefighter’s hose, and the lumberjack’s ax, venture capitalists courageously wield the memo.” So great to see some of their internal memos! I started with Shopify and LifeLock. | learn more
The four kinds of side hustles. “Side hustles can grow and evolve, but to work they need to have a few traits. They need to: Solve a problem someone is already aware of, NOT require a lot of maintenance or hand-holding, Have a no-brainer path to profitability…” | learn more
better doing 🎯
Dancing with belief. From Seth Godin: “All of us believe things that might be inconsistent, not based on how the real world actually works or not shared by others. That’s what makes us human.” | learn more
Hiring: the Lake Wobegon strategy. In 2006, a Google researcher modeled the effects of their hiring strategy. In the 14 years since, we’ve seen its outcomes. “You know the Google story: small start-up of highly-skilled programmers in a garage grows into a large international company. But how do you maintain the skill level while roughly doubling in size each year? We rely on the Lake Wobegon Strategy, which says only hire candidates who are above the mean of your current employees.” | learn more
to your health ⚕
Bio eats world: the biology of aging. Episode one of a new a16z podcast dedicated to bio. I liked that they discussed how aging research might fold back into the existing healthcare system. “Once a fringe field, the science of aging is now entering a new phase with the first clinical trials of aging-related drugs.” | learn more
retail therapy 💸
Early-stage entrepreneurs and the siren call of mass retail. “When the Siren call of mass retail beckons from its rocky shores, avoid them like the plague. They mean you no harm, and their words can arouse dreams of great riches and bragging rights; but sail too close to them and your ship stands every chance of foundering on those rocks.” | learn more
under the microscope 🔬
Transparent solar panels & quantum dots. “in august 2020, a team led by university of michigan researchers set a new efficiency record for color-neutral, transparent solar cells. the team achieved 8.1% efficiency and 43.3% transparency with an organic, or carbon-based, design rather than conventional silicon.” I find it odd that this entire article eschews capitalization, but hey it’s 2020! | learn more
big ideas 📚
Something funny is about to happen to some prices. This is an intriguing blog post about negative prices. “Landfill is an interesting product. The price fluctuates far enough that it can fluctuate from positive to negative and back again. If someone is building a tunnel, you can probably get paid to take landfill. If someone is building an island, you can probably get paid for supplying landfill. There are projects that can only go ahead at certain times: the Hornsby quarry remediation project was only viable because the north connex was being built.” This goes well beyond landfill. | learn more
on the blockchain ⛓
As DeFi eyes profits, one stablecoin won’t sacrifice privacy. “For years, the rich have stored gold and euros in offshore bank accounts. Haven thinks everyone should have that level of privacy, minus the bank accounts.” | 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).
3️⃣ Share your ideas about one of the newsletter’s topics.
4️⃣ Send me a new link that you find interesting.
5️⃣ Forward the newsletter to a friend who might enjoy it.
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