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P.S. You Should Know... | Issue #274

June 26 · Issue #274 · 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 sixth year!

my story 🚀
Daphne had train FOMO so we rode a few stops on the Metra together.
Daphne had train FOMO so we rode a few stops on the Metra together.
  1. So long, Chicago. After spending most of June visiting with family and friends, it’s time for the next leg of our summer travels. It’s certainly been a whirlwind few weeks. While Chicago remains my favorite summer city, it’ll be nice to have a more relaxed environment for the coming month. I guess I’m grateful to have way fewer friends out east!
  2. Does air travel feel busier than ever? It certainly feels that way with full flights and airport delays. One recent anecdote I heard from a friend who works as a commercial pilot for a large airline: his phone rings off the hook with robocalls begging him to pick up shifts. He mostly doesn’t, and they often cancel the flights for lack of staff. It might come as a surprise, but if you look at official data for revenue passenger miles and TSA checkpoint numbers, you’ll see travel remains below 2019 highs. Is it overly simplistic to blame this on staffing issues?
fun facts 🙌
The anxiety of influencers. Writing for Harper’s Magazine, Barrett Swanson spent a few days in a Los Angeles mansion for TIkTok influencers called Clubhouse For the Boys. “Also known as content houses or TikTok mansions, collab houses are grotesquely lavish abodes where teens and early twentysomethings live and work together, trying to achieve viral fame on a variety of media platforms.” | learn more
The origin: why Porsche announced an SUV in 1998. A history lesson! “At the company, the Cayenne was quickly accepted. But the Porsche clubs were less enthusiastic. There were some strong headwinds,..“ | learn more
World’s largest cruise ship headed straight from shipyard to junkyard. “In a bleak financial and maritime saga, the nearly-completed mega cruise ship Global Dream II will never take to the high seas, and instead will be scrapped — because its builder ran out of cash, and no one wants to buy it,” | learn more
oh, austin 🤠
What’s up with Austin? I found myself agreeing with many points from this post. The quick summary: “Austin is a mediocre city, but a great place to live. … Just about everything is a 7/10. The food, the weather, the music, the sports, the nature, the comedy. It’s pretty good in almost every category.” | learn more
tech, startups, internet ⚡
Look back on 10 years of Amazon robots. This is from Amazon’s PR team so they didn’t miss an opportunity to state that over the past 10 years they’ve added almost twice as many human workers as robotic ones. Check it out if you’re curious to see their various robots in action. | learn more
How Apple’s thoughtful, measured approach is building a revolution in health. “Apple’s health efforts have evolved from a subset of one among many of a single ancillary device’s features, into something that spans the company’s entire product ecosystem, and that both informs and welcomes collaboration from healthcare practitioners and researchers globally.” | learn more
to your health ⚕
Do 100 million people in the U.S. live with medical debt? That’s the headline, but their methodology is not totally convincing. What is apparent, though, is that the number is extremely high. “To calculate the true extent and burden of this debt, the KHN-NPR investigation draws on a nationwide poll conducted by KFF (Kaiser Family Foundation) for this project. The poll was designed to capture not just bills patients couldn’t afford, but other borrowing used to pay for health care as well.” | learn more
The meltdown of Cerebral, the “hack” to get Adderall. This company was a high-flyer, raising over $400 million within 2 years of its founding. They found a huge market demand for Adderall (duh?) and went after it. Then things turned ugly. | learn more
retail therapy 💸
Health and finance influencers in China now need certification. Given how easily terrible ideas spread online, I think this is a solid pro-consumer move. “Platform operators should be responsible for reviewing broadcasters’ certifications and subsequently putting the relevant information in the official records. Artificial intelligence-synthesized presenters and content are subject to the same set of requirements as human broadcasters, the rules say.” | learn more
Five myths about retail media networks (RMNs). This is a McKinsey post about the advertising businesses built on top of major retailers. Considering Amazon’s ad side hustle is a $30B+ business already, I’m surprised I hadn’t heard the term RMN before. | learn more
teaching the kids 👩‍🏫
How one parent will educate his children. “My goal with the 12 points below is for [my son] Onyx to graduate with the ability to study, understand, and apply any skill he chooses. I believe this is the way to develop his confidence and self-esteem so that he’s not prone to be swayed onto paths that aren’t true to his goals.” | learn more
on the blockchain ⛓
Listen to earn & Bitcoin. “The team at Fountain has created a new category called “Listen-to-Earn.” Any mobile device user in the world can download the Fountain app and start listening to podcasts today. As you listen to your favorite podcast, you will earn money. Yes, read that again. Fountain has invented a way for people to get paid to listen to their favorite podcasts.” | learn more
BlockFi secures $250 million bailout from FTX. Shortly before the Celsius freeze, I read that trading firm Alameda Research pulled out of a 50k ETH position that led to the “run on the bank.” The founder of Alameda Research is also the founder of FTX, which has tossed now a lifeline to competitor BlockFi. This reminds me of Lehman Brothers failing then Bear Stearns getting a government bailout. | learn more
calls to action 👇
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