| |
| March 14 · Issue #207 · View online |
|
|
👋 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!
|
|
|
|
|
-
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!
-
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.
-
PSA. Attention startups with ties to the midwest: your last day to register for midwest.tech/connect 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 :).
|
|
|
|
|
|
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
|
|
|
(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
|
|
|
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
|
|
|
Write simply. A reminder from essayist and investor Paul Graham. | learn more
|
|
|
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
|
|
|
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
|
|
|
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
|
|
|
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
|
|
|
♥ If you love P.S. You Should Know, consider joining fellow readers as a patron.
P.S. Here are some other ways you can contribute… 1️⃣ Share details about a project or problem you’re working on. 2️⃣ Introduce me to someone entrepreneurial (especially in Austin). 3️⃣ Spread the word about P.S. You Should Know…
|
|
Did you enjoy this issue?
|
|
|
|
If you don't want these updates anymore, please unsubscribe here.
If you were forwarded this newsletter and you like it, you can subscribe here.
|
|
|
|
Chicago, IL 60622
|
