P.S. You Should Know... | Issue #295





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November 20 · Issue #295 · 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 🚀
Face painting makes for happy faces!
Face painting makes for happy faces!
  1. Crypto is probably not dead. It’s easy to get pessimistic from headlines about the major fraud recently exposed in the crypto financial system. As is often the case, it’s the classic “run on the bank” paired with “duh, fraud” that’s driving this set of events. That it took place in the frothy market we now call “web3” is not much of a surprise, either. That it’s happened before and will happen again are not disputable. But none of that precludes the novelty of internet money driving a long-term technological breakthrough and durable value. The number of capable believers working at it is greater than zero.
  2. Is anyone going to arrest that FTX guy? Not yet, it seems. As far as I could tell he’s still innocent until proven guilty? It also seems like he’ll continue earning press coverage as a fraudster until there’s a new topic that captures the popular attention. I am excited for Petition’s coverage of the ensuing bankruptcy, as they’re always good for some laughs.
  3. When omnichannel collides. I placed an order with the clerk as we stood over the display case. I chose the two pastries that stood between us, and some other items. He charged my card. But in the meantime, someone had snagged one of the two remaining pastries to fulfill a mobile order. So now there was only one left. So, I ended up with only the one, though the clerk did graciously toss in some other items as a consolation prize. The situation makes me wonder if I’ve ever been on the other side of that triangle (placing the mobile order).
fun facts 🙌
That one time Oregon blew up a whale. “In 1970, the Oregon Highway Division consulted with the U.S. Navy and decided the best way to dispose of a whale carcass was to blow it up with a ½ ton of dynamite. The explosion caused blubber to rain down on spectators for over a ¼ of a mile.” Watch the original TV News segment here. | learn more
The top 10 most-regretted college majors. “Although students may be drawn to those fields while they’re in school for reasons beyond salary and job security, “when we graduate, reality hits,” said Sinem Buber, ZipRecruiter’s lead economist.” | learn more
better doing 🎯
In your own way. This is not an argument I’d heard before. “I think the assumption that you need to "motivate yourself” in order to take action is a big part of what stops us taking action on the things that matter most.“ | learn more
Lead bullets. Ben Horowitz explains the work required to overcome some obstacles won’t come from a silver bullet, but a lot of lead bullets. “Stop looking for the silver bullet.” | learn more
to your health ⚕
A critical view on private equity ownership in health care. “As private equity extends its reach into health care, evidence is mounting that the penetration has led to higher prices and diminished quality of care, a KHN investigation has found.” | learn more
Have years of shoddy research overstated the risk of red meat? This article is written in a very affirmative way, but I haven’t looked into the underlying study’s methodology. “In an unprecedented effort, health scientists at the University of Washington scrutinized decades of research on red meat consumption and its links to various health outcomes, introducing a new way to assess health risks in the process.” | learn more
retail therapy 💸
$100 million e-tailer CEO details their tech and vendor stack. The site is ridge.com, an “everyday carry” brand offering things like wallets, watches and rings. I love reading this sort of post! A key challenge many founders face is a lack of visibility into how others have approached the same problems. Those with a wider view thanks to a peer group or posts like this gain an advantage. | learn more
under the microscope 🔬
CRISPR cancer trial success paves the way for personalized treatments. “It is probably the most complicated therapy ever attempted in the clinic,” says study co-author Antoni Ribas, a cancer researcher and physician at the University of California, Los Angeles. “We’re trying to make an army out of a patient’s own T cells.” | learn more
thoughts of food 🍔
The definitive list of good and bad apples. “Thankfully in the early 2000s, due to the emergence of a class of idle yuppies willing to shell out disproportionate amounts of disposable income at organic grocery stores, it became economically viable to invest in the development of what I term “designer apples.” As a result, a dizzying array of new apples hit the shelves and continued to do so year after year.” | learn more
Oat milk is coming for almond milk. A chart of google search volume since 2015. Did you know there’s a seasonal trend to almond milk? It spikes at New Years and mostly declines throughout the year. | learn more
teaching the kids 👩‍🏫
How geniuses used to be raised. The third post in a series by Erik Hoel on about, “how historical geniuses were often molded via an artisanal method of education.” | learn more
on the blockchain ⛓
Taking a long term view of web3. Written by vc investors and Coinbase board members Katie Haun and Fred Wilson. “Web3 is a software-driven innovation that has a built-in financial system. This has been both a strength and a weakness.” | learn more
calls to action 👇
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