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P.S. You Should Know... | Issue #108

👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
April 21 · Issue #108 · 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 🚀
We made it to New York!
✈ When we landed at LaGuardia airport this week, we really weren’t 100% sure we’d made it to the right airport. Since we were last in NYC, the Southwest terminal has been completely transformed - it is now bright, beautiful and brand spanking new.
🙏 I want to wish you a happy Passover and Easter if you’re celebrating either holiday, and a happy weekend if you’re simply celebrating the start of spring.
📃 Ask: I’m looking to talk to estate planning professionals and people who have or administer trusts. This is for a new project I’m testing called Trustee Cloud. Please send any referrals you can.
someone else's words 💬
fun facts 🙌
What it’s like to grow up with more money than you’ll ever spend. Read this for a unique viewpoint on private jets. “Abigail Disney, heiress to the Disney fortune, has more money than she’ll ever spend. Here, she talks about being raised in a wealthy family.” | learn more
The curious border dividing pizza and Mexican food popularity. There’s a strong geographic boundary between food preferences. This post also includes an interactive map so that you can compare other great food categories like BBQ, Seafood, Steak, and Sandwiches. Now I’m hungry. | learn more
oh, chicago 🏆
Car2go by-the-minute car rental service exploited, 100 cars stolen. A clearly well-organized group of Chicago’s finest west side criminals used stolen credit cards to commandeer approximately 100 Mercedes from the service and use them to commit further crimes. | learn more
Chicago needs more megadevelopments, says Chamber. The Chicagoland Chamber is supporting a new 34-acre development being proposed for the South Loop that “would include a Millennium Park-like ‘tabletop’ above the existing CTA and [other train] lines — plus 20 million square feet of new offices, homes and more.” | learn more
tech, startups, internet ⚡
How Rippling raised $45M without a pitch deck. In a move reminiscent of Bezos’ 6-page meeting memos, the founder Parker Conrad chose to offer investors an investor memo + a metrics deck instead of a traditional pitch deck. I’m not sure the reception would have been as warm had Conrad not previously founded Zenefits. I’m a big fan of this format, and hope it takes off! | learn more
The internet is a series of tubes. Seriously. And don’t forget it. Thanks to VC Fred Wilson for the short and interesting reminder, including photos. | learn more
on the blockchain ⛓
Milkchain - because, why not? Finnish dairy giant Arla, “unveiled a project – Arla Milkchain – which allows customers to track the origin and manufacture of a product from farm to dairy. The first item to launch on the platform was Arla Single Estate Organic Milk, produced using milk from at an organic farm … 210 miles from the capital Helsinki.” They admit they could’ve done this without blockchain, but “wanted to use blockchain to engender a ‘digital transformation culture’ internally.” | learn more
Binance is picking a fight with Ethereum. “It appears, according to the report, that Binance is now attempting to leverage that influence and persuade blockchain teams to migrate to Binance Chain over Ethereum.” | learn more
to your health ⚕
Where electronic health records went wrong. This is a long read. It helped me understand the ‘how we got here’ story behind todays’ EHR challenges. And it was a helpful reminder of what can happen (both good and bad) when the government leans to an industry. “The U.S. government has spent $36 billion digitizing medical records for better, safer, and cheaper health care. Now the system is a mess.” | learn more
retail therapy 💸
Sears sues former CEO Edward Lampert for $2B. I imagine waking up to a $2B lawsuit against me would probably ruin my day - I wonder how he’s feeling about it? At the very least, I’m sure he’s not surprised. On a side note, this is a great example of why public companies must pay so much for Directors & Officers liability insurance. | learn more
better doing 🎯
Two reasons most people lack confidence. “Confidence cannot be faked. You can fake and manufacture motivation, excitement, or even passion at the moment. Unlike motivation and other emotional states which are more surface level, confidence is deeper and more subconscious.” | learn more
William Shockley on individual differences in research lab productivity. This is way less boring than the title sounds. Shockley managed a team at Bell Labs and wanted to understand the factors that led to high productivity in terms of publishing papers. The insights are noteworthy. | learn more
under the microscope 🔬
FDA approves new antidepressant containing ketamine. “Esketamine represents the first depression drug in years to be approved that works via a completely different mechanism in the brain, as compared to the previous generation of medications. For many with treatment-resistant depression, the new drug offers newfound hope of relief.” | learn more
thoughts of food 🍔
Next steps on CBD from outgoing FDA commissioner. “When it comes to CBD in food, considering CBD is an ingredient in FDA-approved pharmaceuticals, the FDA emphasized that ‘allowing drug ingredients in foods can undermine the drug approval process and diminish commercial incentives for further clinical study of the relevant drug substance.’” | learn more
big ideas 📚
Test-tube mosquitoes might help us beat malaria. From the desk of Bill Gates: “It’s Mosquito Week again on the Gates Notes. This year I’m exploring some of the science behind malaria and other mosquito-borne diseases. You can read below about how gene editing could play a key role in eradicating malaria.” | learn more
the end ✅
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