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P.S. You Should Know... | Issue #107

👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
April 14 · Issue #107 · 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 🚀
Petra noticed my bow-tie and was excited because she wears bows too!
This has been an action-packed week that included a round trip to Champaign, IL and a fancy-pants black tie Econ Club dinner.
Maybe more importantly, I finally managed to try Noon-O-Kabob, an acclaimed Persian restaurant in Chicago. To quote Petra, it was “yum yum”.
On Thursday we’re heading to NYC for Passover. Reach out if you want to get together out there!
someone else's words 💬
fun facts 🙌
The US government is looking for pro joint rollers. “Two days ago, the National Institute of Drug Abuse (NIDA) announced it was seeking a private contractor to roll “marijuana cigarettes” for ongoing research projects.” | learn more
Building the largest ship in the world. A photographer went to the South Korean shipyard that builds the Maersk Triple E. The photos and scale are impressive. | learn more
How accurate is carbon dating? I was reading something that relied on carbon dating estimates, and I decided to check how accurate the dating process is. Spoiler: it’s pretty accurate. But last year, a discovery called into question its usefulness for dating within the span of a few decades. | learn more
oh, chicago 🏆
Alderman Ed Burke makes the newsletter once again. Oy vey! Barely a month has gone by. This time, he’s mixed up in a bribery scandal involving a Binny’s liquor store. The evidence against him in this one isn’t particularly strong, but maybe we’ll be forgiven for spotting the pattern. | learn more
Escalating opinions about the escalators planned for new O'Hare terminal. Tribune readers share escalator horror stories in response to the plan that “proposes having departing travelers ride up escalators to a raised check-in and security floor, then take escalators down to gate level.” | learn more
tech, startups, internet ⚡
The valuation vs traction matrix. Jason Calacanis explains early stage tech company valuations and demystifies some of the craziness we see. If you’re a founder, employee, or investor at early stage tech companies this is a worthwhile read. | learn more
Why growth rates matter so much for valuation. Tom Tunguz shares a different way to think of startup valuations closely tied to growth rates. If a startup is growing at 100%, 90% and 80% in the next 3 years, that means 85% of the value of the business will be created during those years. | learn more
on the blockchain ⛓
Facebook seeking $1B in VC money for crypto project. “Citing sources familiar with the matter, [New York Times tech reporter Nathaniel] Popper states that Facebook is seeking a $1 billion sum to develop its cryptocurrency project. He states that seeking outside investment could keep the project more in line with the crypto community’s decentralized ethos…” | learn more
to your health ⚕
Government raid exposes $1B telemarketing Medicare scam. “The federal government on Tuesday raided dozens of locations belonging to doctors and medical equipment companies suspected of taking part in a massive telemarketing scam that targeted Medicare recipients and cost taxpayers nearly $1 billion.” | learn more
retail therapy 💸
Interview with LVMH Chief Digital Officer. This interview is a great reminder of China’s outsized role in the luxury goods market. “Ian Rogers, the chief digital officer of LVMH sat down with Jing Daily to talk about reinventing the biggest luxury group in the world and the huge role China is playing in the luxury industry.” | learn more
better doing 🎯
How to prep for a better board meeting. This is a wonderful post from entrepreneur-turned-VC Mark Suster about making board meeting more impactful. If you participate on boards at any level, this is valuable info. | learn more
The problem with ‘5 whys’. Do you remember learning about the strategy for root cause analysis that involves asking why five times? Don’t get carried away with this tool. Click the link for great reasoning and examples. | learn more
A template for churn, MRR and cohort analysis. “The idea is that you have to enter only a small amount of data and everything else is calculated automatically.” | learn more
under the microscope 🔬
FMT results in massive long-term reduction in autism symptoms. This is an early and non-controlled, but quite exciting, study from Arizona State University that points to the relationship between health and gut microbiome. FMT stands for Fecal Matter Transplant. “Prior to the study, 83 percent of participants had ‘severe’ autism. Now, only 17 percent are rated as severe, 39 percent as mild or moderate, and incredibly, 44 percent are below the cut-off for mild ASD.” Two years later, the children are doing even better. | learn more
the end ✅
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