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P.S. You Should Know... | Issue #106

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👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
 
April 7 · Issue #106 · 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 third year!

my story 🚀
The theme of this week has been “team”. For the past month I’ve been working with a very unique business called Balance Chicago, a physical therapy clinic in River North. This week the team worked together to define the company’s mission (or its “reason for being”): we solve dizziness & balance problems with simple proven techniques. Balance is expanding its team, adding a Physical Therapist and Front Desk Coordinator. If you know anyone who we should speak with, please send them my way!
On Tuesday, you can find me at the University of Illinois Urbana-Champaign where I’ll be speaking to undergraduate business students about entrepreneurship.
On Wednesday evening, I’ll be at the 91st annual Economic Club of Chicago dinner meeting. I’m thrilled to announce this will be my first time attending as a member! If you’ll be there, ask me about the after party.
someone else's words 💬
fun facts 🙌
Men in bulletproof vests shoot each other after night of drinking. Then they made up an elaborate cover story for the cops. Then one of their wives blew their cover. | learn more
Patagonia is cracking down on corporate logos on its vests. Not just any Wall Street Bro will be able to get one in the future. “Recently, Patagonia has shifted its focus to ‘mission-driven companies that prioritize the planet…’” | learn more
oh, chicago 🏆
Belmont blue line station renovated, sans elevator. They did a major renovation, but, “An elevator, which would make the station ADA accessible, would have cost $71 million, the CTA said.” I’m here with my jaw on the floor wondering how come it’d cost so much. Any ideas? | learn more
A pension for life after one day substitute teaching, rules court. “The Illinois Supreme Court has sided with David Piccioli, a teachers union lobbyist who qualified for a public pension windfall after spending one day as a substitute teacher.” | learn more
tech, startups, internet ⚡
50 future unicorns. “In collaboration with the New York Times, [CB Insights] put together a list of 50 future unicorns (companies that we think will eventually be valued at $1B or more).” | learn more
Redefining expensive for bay area housing. Alex Rampell, partner at a16z, suggests a unique way of looking at bay area housing prices. What if you compare increasing housing cost to an index of valley tech stocks? Well, the housing market looks stable or even deflationary based on that. | learn more
on the blockchain ⛓
Analysis of the blockchain VC fund landscape. Hutt Capital did a reasonably thorough analysis of the industry. Short version: 49 blockchain-only VC funds, 69% are based in the US, and majority are still raising their first funds. Average fund size of $78 million and median of $60 million. Read on for more insights. | learn more
to your health ⚕
Blink Health’s plan to shake up the online drug market got messy. The startup that wanted to increase drug price transparency and move transactions online has not had an easy run. From Bloomberg: “The startup’s path has been littered with lawsuits, feuds and defections.” | learn more
J&J becomes first drugmaker to add prices to television ads. This will make for an interesting future. I applaud any move that increases visibility into health care prices. | learn more
retail therapy 💸
Walmart’s secret weapon to battle Amazon. “The world’s largest retailer is using Jetblack, a labor-intensive and money-losing personal-shopping service, to develop artificial intelligence to compete with e-commerce giant Amazon.” I’d try this as a consumer - seems great! | learn more
An Amazon misstep? Zack Kanter writes about how he defines Amazon’s business. It’s a fairly interesting, though not totally novel, analysis. What most caught my eye is his argument that their advertising business is creating a crack in their mighty facade. This is worth paying attention to. | learn more
better doing 🎯
A Harvard linguist’s 13 tips for becoming a great writer. “Writing well is hard, but Steven Pinker managed to boil the essentials down to just 13 tweet-length tips.” | learn more
“I was wrong”. From Seth Godin: “It’s difficult to get someone (a client, a boss, a voter, a partner) to say those three words. Difficult to say on our own behalf, too. Which is why we so easily get stuck.” | learn more
under the microscope 🔬
Woman with gene mutation lives almost pain-free. “A woman in Scotland can feel virtually no pain due to a mutation in a previously-unidentified gene, according to a research paper co-led by UCL.” | learn more
Bacterial factories making high-performance proteins. This caught my eye because it discusses a way to make super-strong silk fibers without spiders. “A new method takes advantage of engineered bacteria to produce difficult-to-make proteins that could be useful during future space missions.” | learn more
thoughts of food 🍔
Drinkable retinol is here. The brand Dirty Lemon has made a drink that includes retinol, “a super-potent, typically topical skin-care ingredient revered for its ability to prevent and correct wrinkles, pimples and hyperpigmentation.” And interestingly, dermatologists aren’t calling BS on it. | learn more
big ideas 📚
Bill Gates wants to talk about soil. “Nearly a quarter of all greenhouse gas emissions come from agriculture. Bill Gates highlights several companies who are developing creative solutions to fight climate change caused by agriculture.” Included in his list is Cambridge Crops, which I have the good fortune to be a tiny investor in. | learn more
the end ✅
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