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P.S. You Should Know... | Issue #126

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👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
 
August 25 · Issue #126 · 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 🚀
Kapalua Coastal Trail
🎉 Happy birthday to my amazing wife Kim! I couldn’t do what I do without your never-ending support and encouragement.
🌞 This week’s newsletter comes from the sunny island of Maui in Hawaii. It’s our first time here, and we’re loving it. Thanks everyone for the great tips and travel advice. If anyone has a sure-fire cure for jetlag please share - we’ll need it for the return flight :).
👍 We’re staying in a condo on a resort property. I understand this is pretty common, but it’s a first for me so I’ve been thinking about it. This feels like a great “best of both worlds” scenario – the amenities of a resort hotel (pools, on-site restaurants and stores, and a valet) and the space and flexibility of a condo (bedrooms, laundry, kitchen). We booked it through VRBO. The property manager is a large professional organization. I can’t imagine going back to regular hotels for travel with kids.
someone else's words 💬
Like this quote? Yes 👍 OR No 👎
fun facts 🙌
Why Hawaii has weird cans. I noticed this strange can top all over the island. Naturally, I had to look up the back story. “As can tops started to shrink around 1980, they also lost their neck ridging, leaving Hawaii as the last state to produce cans of this style.” | learn more
Are optical illusions cultural? Hadn’t really thought about it before, but a book I’m reading (it’s called Range) prompted me to inquire. It turns out that not everybody is subject to the same illusions. | learn more
Faster internet isn’t worth it. “WSJ testing shows typical U.S. households don’t use most of their bandwidth while streaming and get marginal gains from upgrading speeds” | learn more
oh, chicago 🏆
Mayor Lightfoot to ask legislature for new taxes. Rumor has it she “wants state authorization to tax high-end professional services and raise the real estate transfer tax on the sale of $1 million-plus homes.” | learn more
Cicero is a special place. “Because while in Cicero trying to serve a subpoena to Cicero Town President Larry Dominick, [process server] Rivera got tossed in jail. Then Cicero cops went to his home in Chicago and searched his house, allegedly without a warrant, and scared his wife.” As background on Cicero, a previous President ended up in prison for stealing $12M from the town. | learn more
tech, startups, internet ⚡
How biotech startup funding will change in the next 10 years. From YCombinator partner Jared Friedman. “Because you can start cheaply, it’s now possible to start a biotech company the way people start a tech company. By raising money incrementally, rather than a giant amount upfront, you can keep control of your company. And you can work on your own idea, not just ideas that VCs come up with.” | learn more
Stratechery’s take on the WeWork IPO. It’s hard to say something about WeWork that hasn’t already been written in the popular press in the past two weeks. Yet, Ben Thompson does a nice job of highlighting the bull case for WeWork. It sounds really good right up until it doesn’t. | learn more
better doing 🎯
How anger can help us make better decisions. “In a series of studies, [Kellogg’s Michal] Maimaran and colleagues showed that anger can actually cause consumers to make more goal-oriented choices.” | learn more
retail therapy 💸
How eCommerce stores are using Airbnb to build lifestyle brands. I think this is a neat concept. Smaller brands are opening Airbnbs filled with their products as a marketing strategy. I learned from this article that one (from Marine Layer) is actually in my neighborhood! | learn more
under the microscope 🔬
Borrowed bacteria make plants salt-resistant. Another great win for bacteria researchers! “Much of the world’s soil is too salty for crops. There’s hope, though, as scientists have developed a method of growing plants in ‘unusable’ soil.” | learn more
thoughts of food 🍔
Popeyes & private equity. Ranjan Roy from The Margins talks about fried chicken and 3G (the private equity firm). “Has my beloved Popeyes been given a new life thanks to private equity and that specific breed of hyper-capitalism?” | learn more
on the blockchain ⛓
Presidential candidate Andrew Yang wants to implement blockchain-based mobile voting. Agreed, we should be able to vote online at this point in the internet-age. Standing in line? What a waste! | learn more
Lightning network economics - $20/month for locking up $5 million. This doesn’t look compelling. Is it a means to an end, or a lost economic cause? | learn more
the end ✅
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