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P.S. You Should Know... | Issue #145

👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
January 5 · Issue #145 · 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 fourth year!

my story 🚀
Curious what I’ve been up to in 2019? Here’s a short list!
▶ 41 travel days in 1 country and 14 cities across 7 trips
▶ Finished 22 books (18/22 reviews written & published)
▶ 11,147 Average Daily Steps
▶ Meditated 80% of days, increasing standard length up to 20 minutes
▶ I floss now (95% of days) and I don’t know what took me so long to start

▶ Chased after toddler Petra + bike rides and walks to and from school
▶ Baby Daphne joined our family this November and we couldn’t be happier

▶ P.S. You Should Know ended the year with 372 subscribers, 49% growth
▶ P.S. You Should Donate, our 2nd annual meetup, raised over $1,000 for local charities
▶ Worked with the Common Threads Board to help fundraise for their amazing programs

▶ P.S. Development helped a few companies with advice and roll-up-the-sleeves work. The search for investing + operating deals continues in 2020
▶ In my 2nd year as Kellogg Faculty, I worked with teams of MBA students on their startups
▶ Joined the Economic Club of Chicago to surround myself with leaders to learn from
▶ Startup Investments: Humanpredictions, QualSights
someone else's words 💬
👉 Like this quote? Yes 👍 OR No 👎
fun facts 🙌
Fast. Sometimes people can accomplish big things quickly. One sample: “Dee Hock was given 90 days to launch the BankAmericard card (which became the Visa card), starting from scratch. He did. In that period, he signed up more than 100,000 customers.” | learn more
It’s 2020 and you’re in the future. Wait But Why’s Tim Urban reminds us that time flies. “The Wonder Years aired from 1988 and 1993 and depicted the years between 1968 and 1973. When I watched the show, it felt like it was set in a time long ago. If a new Wonder Years premiered today, it would cover the years between 2000 and 2005.” | learn more
Lusitania: the epic battle over its biggest mystery. The Lusitania sank in 18 minutes and helped push the U.S. into World War 1. “Retired venture capitalist Gregg Bemis owns the salvage rights to the Lusitania — and he thinks he can solve the 100-year-old mystery of why it sank so quickly. His biggest obstacle: The Irish government, which has fought him for years over his plans to explore the wreck.” | learn more
oh, chicago 🏆
When the feds come take your cash. How much cash do you keep laying around at your house? A new FBI document shows that they seized $60k from suburban Mayor Tony Ragucci’s home. No mention of why… | learn more
Pot shops already running out of product. No surprise here! The story also mentions lines blocks long and 3-4 hour wait times. Somewhere else I read the dispensary closest to Indiana is like a magnet for Hoosiers. “Several Chicago dispensaries have completely sold out of flower and vape oil for recreational use…” | learn more
tech, startups, internet ⚡
20 Chicago Startups to Watch in 2020. ChicagoInno curated this list. The list includes Draftbit and Humanpredictions, two companies I’m a small investor in. | learn more
The social subsidy of angel investing. In this article, Alex Danco picks apart one of the reasons Silicon Valley is a unique environment for early stage fundraising. It’s not financial returns that drive angels to want to write early checks at silly valuations, it’s the social status returns. For my own part, I’ve said before that the primary value I get from angel investing is not financial but rather social and intellectual – I get to meet and chat with incredible people! | learn more
50+ ransomware stats & facts. I spent a couple hours this week getting a personal schooling on ransomware and cybersecurity from an IT expert (and subscriber 🙌). It’s worth paying attention to. “Ransomware is the biggest cybersecurity to date. With billions of dollars in losses directly related to ransomware, the threat is only getting worse.” | learn more
better doing 🎯
No, seriously. Just try it. From LessWrong. “When considering a self-help goal, it may be helpful to at least start with methods that have been scientifically demonstrated to work on a large number of people. On the other hand, there are so many gaps in our knowledge that it’s definitely worth just trying things to see what works for you.” | learn more
The silent meeting manifesto. The Silent Meeting is derived from Jeff Bezos’s and his famed no-powerpoint meetings. It was taken from Amazon to Square by an executive, and then to Twitter by CEO (of both) Jack Dorsey. Twitter Product Manager David Gasca spells it all out. “I’m writing with the fervor of a missionary to stop terrible meetings. After discovering Silent Meetings I am converted.” | learn more
under the microscope 🔬
New discovery has scientists thinking they can stop hair loss. “By stopping a newly discovered muscle movement that is key to the shedding of old follicles, scientists believe they may one day be able intervene to help men hang onto their hair.” | learn more
on the blockchain ⛓
What happened in crypto over the last decade. Written by Brian Armstrong, founder and CEO of Coinbase. Short and punchy. | learn more
What will happen to cryptocurrency in the 2020s. Brian Armstrong also posted this set of predictions. “In short, I think over the next decade we’ll see a blockchain, that is both more scalable and includes privacy features, reach about 1B users by the end of the decade (up from about 50M at the start of the decade)…” | learn more
calls to action 👇
Love this newsletter and want to give back? Here are some ideas!
1️⃣ Share details about a project or problem you’re working on.
2️⃣ Introduce me to someone entrepreneurial (opt-in only plz).
3️⃣ Share your ideas about one of the newsletter’s topics.
4️⃣ Send me a new link that you find interesting.
5️⃣ Forward the newsletter to a friend who might enjoy it.
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