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P.S. You Should Know... | Issue #135

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👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
 
October 27 · Issue #135 · 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 🚀
🙌 For the second year, our meetup P.S. You Should Donate was a great success! We raised over $1,000 for two local nonprofits that benefit children from underprivileged neighborhoods: Common Threads and KICS Foundation. Thank you to all who came out and generously donated, and to those who couldn’t attend but still supported the causes!
👍 Fun fact about this week’s newsletter: our subscribers are featured or quoted in at least two of the links. (👋 Hi Les & Zach!)
someone else's words 💬
👉 Like this quote? Yes 👍 OR No 👎
fun facts 🙌
Straight to voicemail. I learned this week of a new iPhone feature that lets you send unknown callers straight to voicemail. I enabled it right away. One side-effect is that it makes Americans harder to survey. I’ll take that trade 😁. | learn more
Mexican airline trolls Americans with brilliant ad. Both clever and funny! “AeroMexico new ad brilliant trolls Americans with DNA discounts.” | learn more
oh, chicago 🏆
Chicago startup Sprout Social files for IPO. This is only the second Chicago tech company to go public since GrubHub 5 years ago. I love seeing this news! Also, it’s nice that this filing seems to be free of drama and shenanigans (unlike some other recent IPO filings). The article has a good overview of the company’s position. | learn more
Suburban residents gather past midnight to complain about pot. I grew up near here, so I’m doubly entertained because this particular town has always leaned in on pot. “Angering residents who showed up in droves to oppose the sale of recreational marijuana in the village, Buffalo Grove trustees at about 1 a.m. Tuesday approved zoning regulations to allow it.” | learn more
tech, startups, internet ⚡
Money out of nowhere. Venture capital hotshot Bill Gurley wrote this post earlier this year. “How internet marketplaces unlock economic wealth.” What will the next marketplace be? Let me know if you’re working on one! | learn more
The Access Act. VC Fred Wilson writes about this newly proposed regulation for big tech companies. He’s glad to see that some members of Congress are putting real thought into regulation beyond the good ‘ol “break them up!” | learn more
better doing 🎯
Memos. If you can only click one link this week, this is the one. Tech executive Sriram Krishnan complied a wide-ranging list of internal memos worth reading. “Raw, not smoothened over for PR departments, they help shed light on how people really think inside institutions.” I read a few this week: from political (memo to President Carter preparing him for Israel-Palestine negotiations) to tech (the Yahoo “peanut butter” memo) to media (Dave Goldberg to Michael Lynton on the state of the music industry). The last was especially educational. | learn more
Netflix co-founder: entrepreneurs should remember that ‘nobody knows anything.’ He offers this reminder to entrepreneurs who face skepticism of their new ideas. I try to remind everyone who asks my opinion about a startup that I have no idea and can only guess. | learn more
retail therapy 💸
10 thoughts about the future of direct-to-consumer. This is a sharp and data-driven perspective on DTC businesses in the “fast moving consumer goods” space. | learn more
under the microscope 🔬
Walk slow, age fast. New evidence from a longitudinal study reinforces the link (correlation, not causation) between walking speed and brain health. | learn more
thoughts of food 🍔
Confession: I run a fake restaurant on a delivery app. “I re-sell microwave meals…On some meals I add something to make them look better, like cheese. So far it’s at around £200 a day in revenue.” | learn more
on the blockchain ⛓
Zach Smolinski discusses Libra on WTTW. “Facebook CEO Mark Zuckerberg faced tough questions Wednesday from members of Congress about his social media platform’s digital currency project. We discuss the billionaire tech entrepreneur’s plans for Libra.” | learn more
Then they fight you. Another analysis of the Libra congressional hearings and situation from Messari. | learn more
the end ✅
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