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P.S. You Should Know... | Issue #127

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👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
 
September 1 · Issue #127 · 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’re back from vacation! Hawaii was an incredible place to visit full of beautiful scenery and abundant poké. It was also spectacularly far from Chicago, which explains why so many (west coast) people who we met out there were quite surprised we made the trip. I’m grateful we have this long weekend to re-adjust to good ol’ midwestern Central Standard Time.
🏰 While walking down a boardwalk in Maui I encountered a few single-family homes tucked away between gigantic resorts. Curious what that looks like? I was too… It looks like $24.5 million.

Here are some books I’ve recently read…
📘 The Teachings of Don Juan by Carlos Castaneda
In the 60s, UCLA anthropology student Carlos Castaneda met a Yaqui Indian Sorcerer named Don Juan. Faculty encouraged him to do field research, and he decided that there was much to be learned from Don Juan. Castaneda became Don Juan’s apprentice, setting out to learn the ways of the Yaqui sorcerers…
📙 The Secrets of Sand Hill Road by Scott Kupor
Along with Venture Deals by Brad Feld and Jason Mendelson, this book is a standout resource for learning about the venture capital financing process. I had a lot of background before I picked this up, given my long-standing interest in the space and personal involvement in a handful of financings. This book helped fill in many gaps in my knowledge…
someone else's words 💬
👉 Like this quote? Yes 👍 OR No 👎
fun facts 🙌
‘Young’ Chinese streamer revealed to be a 58-year old after filter glitch. “Popular Chinese streamer known online as 'Your Highness Qiao Biluo’ on the live-streaming platform Douyu was recently unmasked by a technical glitch and viewers were shocked to discover that she was actually a 58-year-old auntie.” | learn more
Air Canada must pay $15k to an upset French-speaking couple. They’ve been complaining formally and frequently about the fact that the word ‘lift’ is engraved on seatbelts in English but not French. The court has forced Air Canada to pay up for this transgression. | learn more
Federal appeals court holds cop can’t be sued personally for excessive force. A woman’s boyfriend was horsing around with her at a pool. Somebody called the cops saying it was domestic abuse. Upon leaving the pool, cops show up and arrest boyfriend despite woman’s protests and clarifications. Then another cop tackles her from behind and breaks her collarbone. This court found she can’t sue him personally. Thankfully (for my faith in human judgement, anyway) there were dissenting opinions among the judges. | learn more
oh, chicago 🏆
Illinois will use ‘new technology’ to clear thousands of pot convictions. “State’s Attorney Kim Foxx’s office is partnering with Code for America, a non-profit that will help the office use Clear My Record technology to seal certain cannabis convictions throughout Cook County, according to a news release.” | learn more
Illinois’ shrinking tax base. “Wirepoints’ analysis uses national state-by-state migration data compiled by the Internal Revenue Service. The IRS reviews tax returns annually to track when and where people move. It also aggregates the ages, income brackets and adjusted gross incomes of filers. In this first piece, we’ll cover Illinois’ net loss of tax filers and their incomes to other states since 2000.” | learn more
tech, startups, internet ⚡
The employee buyout playbook. This is an interesting case study of an employee buyout of VC-backed company harmon.ie. | learn more
Ford says its autonomous cars will last just four years. “In an interview with The Telegraph in London, John Rich, who is the operations chief of Ford Autonomous Vehicles, reveals that the ‘thing that worries me least in this world is decreasing demand for cars,’ because 'we will exhaust and crush a car every four years in this business.’” | learn more
better doing 🎯
All the best engineering advice I stole from non-technical people. From software engineer Marianne Bellotti comes interesting advice from non-tech leaders that she’s applied to her work as a manager. Her first advice is from a Senior Official at the National Security Agency (NSA). | learn more
to your health ⚕
Dr. Peter Attia had an interesting discussion with Kevin Rose. “‎Peter and I explore the fascinating applications of Rapamycin for longevity. We also discuss fasting, inflammation, aging, mindfulness, and supplements.” | learn more
a16z video: software eats care delivery. In this video, “a16z bio deal partner Julie Yoo describes the specific zones of opportunity that are most ripe for companies to have an impact (and why); what some of the new and innovative approaches are; and finally, the characteristics that might make for a winning formula for startups in this [healthcare tech] space.” | learn more
retail therapy 💸
The app that has Gen Z hooked on thrifting. I somehow missed this entire thing until now. How neat! “Depop is a sales platform for the secondhand, an impossibly enormous international flea market in app form. If eBay is a bazaar and Instagram is a beauty pageant, Depop is both.” | learn more
WSJ study shows Amazon marketplace is (sometimes) out of control. “A Wall Street Journal investigation found 4,152 items declared unsafe by federal agencies, deceptively labeled or banned by federal regulators.” | learn more
under the microscope 🔬
Complex quantum teleportation achieved for the first time. I must admit, I don’t totally grasp all this quantum stuff. Maybe one of you will be so kind as to explain it to me in small words? “Austrian and Chinese scientists have succeeded in teleporting three-dimensional quantum states for the first time. High-dimensional teleportation could play an important role in future quantum computers.” | learn more
thoughts of food 🍔
My new favorite pastry is the Kouign-amann. I didn’t know how to pronounce the name of this pastry that’s like a “muffin-shaped, caramelized croissant.” It sounds like queen amann. If you see one for sale, jump on it! | learn more
Whole Foods CEO doesn’t consider plant-based meat healthy. I agree with his view that they’re not a healthy choice based on the highly processed ingredient list. He does feel like they’re more ethical and better for the environment, though. | learn more
the end ✅
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