P.S. You Should Know... | Issue #250





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January 9 · Issue #250 · 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 🚀
I’m feeling much better about my year after a bit of airplane time allowed me to recap my 2021. Here are some things I’ve been up to…
▶ Finished 12 books (0/12 takeaways written)
▶ 10,616 Average Daily Steps
▶ Meditated 56% of days
▶ Outdoors: Kayaking, Hiking, Disc Golf, Boating
▶ Winter Storm 2021 in Austin 
▶ Lots of time with kids as they grow up: Petra’s 4 and Daphne’s 2
▶ Moved to a new home in our new home state of Texas
▶ Family road trips between Austin and Chicago; vacations in Montauk and Wisconsin
▶ P.S. You Should Know still published weekly. 448 Subscribers @ end of 2021 (+7%)
▶ So many new friends and acquaintances, especially in Austin
▶ What began as helping out NutriSense grew to a full-time role as Chief Marketing Officer
▶ PS Development’s partner Stock Mfg continues to gain share of the premium uniform market
▶ FGHTR officially shut down, resulting in a near-total loss
▶ Startup Investments: Pecha Kucha, INFI, Genecis Bioindustries + 5 via Syndicates
fun facts 🙌
Salary transparency, here we go! Almost 60,000 people have filled out a google form to load the details of their job offers. You’ll love this. | learn more
Mosqitter’s machine murders mosquitos with much mirth. A great alliteration for an even greater invention. | learn more
90 Day Fiancé star retires from selling farts after heart attack scare. “A reality TV star who launched a gassy venture peddling her fancy flatulence to strangers Stephanie Matto, 31, blew away people on social media when she recently announced that she makes more than $50,000 a week selling her farts.” | learn more
tech, startups, internet ⚡
Here is what angel investing should be. I’ll reserve my comments for now, but the vision is quite interesting. “Send USDC from a wallet with your ENS to the entity’s ENS and get digital mirror assets back into your wallet. These assets are held in a mirrortable, which is an on-chain replica of a primary cap table maintained in an off-chain system like Carta for compliance purposes.” | learn more
Payments in Japan. A fascinating and geeky look at how payments work in a country where 40 payment methods are accepted at 7-eleven. “Payments in Japan have changed enormously in the last 20 years. The rate of change is accelerating. You will see some echoes of some of these trends where you live, sooner rather than later.” | learn more
better doing 🎯
Russell conjugation — the scientific term you’ve never heard of. “Russell Conjugation (or “emotive conjugation”) … showed me just how easily my opinions could be manipulated without any need to falsify facts.” | learn more
The high cost of ego. How Samuel Andrews’ ego cost him one billion dollars. | learn more
to your health ⚕
These symptoms mean you should skip your workout today. I wrote a paper on this topic in college, so this caught my eye. “Generally, if you’re experiencing symptoms that are “above the neck”, it is ok to take part in mild exercise. These include symptoms such as a light cold, runny nose, sneezing, and a minor sore throat. In my experience, a light training day can actually help open nasal passages and clear out congestion – but do take some modifications into consideration…” | learn more
retail therapy 💸
Harvard Business Review wants brands to enter the metaverse. I’m a bit skeptical of all the noise about metaverse these days. Where was everyone a year ago when zero people were talking about this? Is this really go time? My good friend and almost-40-year-old tech luddite has mentioned it 5 of 5 times I’ve seen him since this summer. | learn more
JPMorgan Chase has unleashed a lawsuit blitz on credit card customers. “After a nearly decade-long pause, Chase has resumed suing indebted customers.” This is ProPublica so there’s a bit of bias here (as if the bank should never try to collect debts). But something’s truly broken when their lawsuit tactics cast a wide net with a 1-in-10 error rate, causing undue hardship on consumers at scale. | learn more
on the blockchain ⛓
Digital wallet wars are the new browser wars. When discussing crypto wallets, the idea of “switching costs” takes on more meaning than ever. “Just like IE, MetaMask has started to bank on monopolistic practices and a walled-garden approach that harkens back to Web 2.0 and its regressive business models.” | learn more
How long before bankruptcy professionals encounter the crypto bros? I’m so excited that one of my favorite editorial voices (Petition) finally gets to talk about DAOs (and Wu Tang). Remember “Pharma Bro” Martin Shkreli who bought the one-of-a-kind Wu Tang album? Well, he had to sell it. Guess who the buyer is? | learn more
“Play-to-earn” and bullshit jobs. “Not only has [Axie Infinity] amassed a large base of users, the in-game economy has actually provided a real-world income stream to working-class Filipinos impacted by the pandemic. Some spend hours each day playing the game, and then sell the in-game currency they earn to pay their real-world bills. That’s obviously a good thing for them, but it also appears to be a near-Platonic example of Graeber’s definition of a bullshit job.” | learn more
calls to action 👇
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