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P.S. You Should Know... | Issue #124

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👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
 
August 11 · Issue #124 · 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 thinks this is called a waterfall. I take full responsibility. 🚰
Petra thinks this is called a waterfall. I take full responsibility. 🚰
🚸 We’re looking to upgrade Petra’s social scene by enrolling her in a preschool. Over the past couple weeks, we’ve learned about many schools and toured a few. I also did a bit of research to understand what studies have been done that relate to childcare and development outcomes. If you have (or plan to have) young children, you may be interested in this summary of The NICHD Study of Early Child Care and Youth Development. This is a study of about 1,000 children over 15 years starting in the early 1990s.
🌴 This week we’re prepping for our first family trip to Hawaii. All 3 of us are first timers, so if you have any recommendations for Maui or Oahu we’d love to hear them!
someone else's words 💬
Like this quote? Yes 👍 OR No 👎
fun facts 🙌
Meet the wife/manager of the most popular video gamer in the world. “Jessica Blevins, 26, is the manager of the world’s most popular video-game player, the ‘Fortnite’ pro Tyler 'Ninja’ Blevins. She also happens to be married to the guy.” | learn more
Why do Canadians say ‘eh’? Thanks to Atlas Obscura for bringing us “the story behind Canada’s most distinctive verbal tic.” | learn more
oh, chicago 🏆
Scabby, the giant inflatable protest rat, may soon be banned. You’ve probably seen the rat hanging out on sidewalks near you over the years. Some of you have heard my rants about this rat first-hand. I would welcome his forced retirement. | learn more
Another Alderman under federal investigation. Not to worry, though. A fundraiser that includes Ald. Carrie Austin, under investigation for corruption, will proceed as planned. 🤦‍♂️ | learn more
tech, startups, internet ⚡
Which categories of seed-stage startups are thriving? From VC Tom Tunguz. One spoiler: AI is still 🔥🔥🔥. “The answer has changed quite a bit over the last 8 years. Some sectors have hit their apogee and are declining. Others have grown by more than 3x. Yet others are growing geometrically. Let’s take a look.” | learn more
How discount brokerages make money. I thought I knew how the fintech startups of decades-past (the discount brokerages) made their money. It turns out I didn’t know. Now I’m better informed, and it feels great! This is also good background to have before reading the Betterment article below. | learn more
Betterment now turning a profit from retail robo-advising. “In a June 22 interview at the firm’s Manhattan headquarters, CEO Jon Stein revealed that Betterment has crossed the $18 billion mark for assets under management and retail is now funding his firm’s growth.” | learn more
better doing 🎯
Parallel play: a kid-approved startup strategy. Researchers from Stanford and Harvard Business School studied new ventures in an emerging fintech space for several years. “Want to succeed in a young and unformed market? Try acting like a preschooler.” | learn more
The recipe for a happy life. From our friends (and subscribers) George & Mary-Lynn at Bigg Success. “The recipe for a happy life consists of three ingredients. The ingredients are important, but so is how you mix them together.” | learn more
Learn like an athlete. A post from David Perell about learning (not sports). “When he entered the NBA, LeBron wasn’t a strong shooter. I’d bet the house that early in his career, LeBron built his off-season training regimen around his weak jump shot and disappointing 42% field goal percentage during his rookie season. As his Instagram posts reveal, LeBron worked for his strength, agility, impeccable history of injury avoidance, and an outstanding 54% field goal percentage during his 14th NBA season.” | learn more
to your health ⚕
AI needs your data - and you should get paid for it. “A new approach to training artificial intelligence algorithms involves paying people to submit medical data, and storing it in a blockchain-protected system.” | learn more
retail therapy 💸
Amazon’s most ambitious research project is a convenience store. This Bloomberg post is written by Brad Stone, who literally wrote the book on Amazon. Amazon has bet 7 years and hundreds of millions of dollars to get rid of cashiers. | learn more
A brand is a voice and a product is a souvenir. This post on the Kleiner Perkins website highlights their investment in Pattern Brands. The team was responsible (as an agency) for branding at Hims, Sweet Green, Harry’s, and Smile Direct Club. They decided to stop taking on clients and build their own brands instead. | learn more
thoughts of food 🍔
CBD coffee company wants to combine coffee with ‘shroom microdosing. “Denver-based company Sträva revealed it has begun developing tea and coffee products infused with microdoses of psilocybin. Following the recent decriminalization measure passed in the city of Denver, Sträva suggests it could reach the market with psilocybin coffee within two years.” | learn more
on the blockchain ⛓
From Russia with pump. “Meet the ICO pumper who makes his living manipulating crypto markets.” Special thanks to subscriber A.F. for the link and excellent headline. | learn more
Grayscale to move billions to Coinbase for custody. “Grayscale, which claims to be the world’s largest bitcoin and digital currency asset manager, is today announcing Coinbase Custody will serve as custodian of the underlying assets for its products, and is expected to transfer nearly $3 billion of assets in fewer than 12 hours to Coinbase.” | learn more
the end ✅
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