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P.S. You Should Know... | Issue #207

March 14 · Issue #207 · 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 fifth year!

my story 🚀
  1. What do you do on the first day of work? Long ago I read that Facebook’s engineers were required to push code to the live site on their first day. I fell in love with the idea. We welcomed a new coworker last week, and I insisted on a “push code” equivalent for the role. I think it was a useful step and will be looking for more ways to apply the philosophy. I’ll get another chance this week as we add yet another member to the team!
  2. Quicklly announces $1.3M pre-seed funding. Ethnic grocery won’t be left out of the ecommerce revolution. Visit Quicklly today to order Indian grocery for delivery in Chicago or the bay area.
  3. PSA. Attention startups with ties to the midwest: your last day to register for is March 15th. This is an excellent opportunity to meet investors. It’s always best to meet investors before you decide to ask them for money :).
someone else's words 💬
fun facts 🙌
3 words for every location on Earth. I saw 3 words in the footer of an email and started digging in. I discovered, “Every 3 metre square of the world has been given a unique combination of three words.” Since 2016, Mongolia has used what3words for their postal system. | learn more
The best way to rob a bank is to own a bank. Ben Hunt: “I think that the collapse over the past week of Greensill Capital has a lot of systemic risk embedded within it, particularly as the fraudulent deals between Greensill and its major sponsors – Softbank and Credit Suisse – come to light.” This piece pairs nicely with the more speculative Greensill - who is holding the bag? | learn more
The advice to “keep your eye on the ball” is literally impossible. “So why are [All-Star batters] transmogrified into Little Leaguers when faced with 68-mph softballs? It’s because the only way to hit a ball traveling at high speed is to be able to see into the future, and when a baseball player faces a softball pitcher, he is stripped of his crystal ball.” | learn more
The Beirut bank job. “[Security expert] Jayson E. Street tells us a story about the time he broke into a bank in Beirut Lebanon.” | learn more
oh, chicago 🏆
(Possible) carjacking on Barstool sports livestream in Chicago. David Portnoy was livestreaming his review of pizza on State St when a stolen car hit a cop car and sped off. | learn more
tech, startups, internet ⚡
What it will take to defeat TurboTax. “It’s taking consumer finance companies with massive distribution, combining them with a tax preparation API and real-time visibility into users tax position. Tackling TurboTax head on is probably a waste of money. Tackling TurboTax asymmetrically has a real shot.” | learn more
Chamath Palihapitiya dumps his personal stake in Virgin Galactic. I’ve historically been a fan of Chamath. This, though, isn’t a good look for him. “A month ago, Palihapitiya said it would only be under the rarest of circumstances that he’d reduce his holdings of any SPAC.” | learn more
An email service with 300 emoji domain names from Kazakhstan. “TLDR; I bought 300 emoji domain names from Kazakhstan and built an emoji email address service. In the process I went viral on TikTok, made $1000 in a week, hired a Japanese voice actor, and learnt about the weird world of emoji domains.” | learn more
better doing 🎯
Write simply. A reminder from essayist and investor Paul Graham. | learn more
to your health ⚕
Annual rates of new type 2 diabetes diagnoses stable or falling. This is a wonderful piece of news! “A global analysis of contemporary data reporting diabetes incidence over time has found the number of adults diagnosed annually with type 2 diabetes has been stable or falling in most high-income countries across Australia, Europe, the US, and Asia during the past decade.” | learn more
retail therapy 💸
Owning the funnel. “Unlike their western counterparts, who can build sizable companies being the best-of-breed for different geographies, Chinese tech companies have to focus on owning the user (and funnel) to grow.” | learn more
Amazon-Kohl’s partnership update. Since 2017, Kohl’s has accepted returns on behalf of Amazon. I’ve taken advantage of this option and it was a good experience. “Amazon helped retailer Kohl’s add two million new customers last year.” | learn more
under the microscope 🔬
Psychedelic microdosing trial finds effect equal to placebo. “A first of its kind "self-blinded” trial testing the effect of psychedelic microdosing has found the anecdotally popular practice may be an example of a strong placebo effect. The research, led by Imperial College London, suggests there is little difference in reported benefits between a microdose and a placebo.“ | learn more
on the blockchain ⛓
Watch Beeple react to the $69.3m sale of his digital work at Christie’s.
Watch Beeple React to the Historic $69.3m Sale of His Digital Work at Christie's
calls to action 👇
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