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P.S. You Should Know... | Issue #161

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👋 Welcome back to P.S. You Should Know… probably the best newsletter published on Sundays between 6-7
 
April 26 · Issue #161 · 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 🚀
🎨 Who among us are creatives? The label’s existence implies only some of us create. I don’t buy it. Obviously those who make their living as artists, song writers, etc. seem easy to label as creators. I believe, though, that we’re all creators. I see our toddler daughter draw some squiggles on her chalkboard and boldly proclaim she drew papa. She added something to the world and thereby earned the pride of creation. Mo Willems, an author and illustrator of children’s books, is publishing a series of videos about doodling. He teaches viewers to draw his signature characters. Then, he reminds us to add our names to the drawings because we drew them. This subtle point is golden. Even if you follow a recipe, a blueprint, an instruction manual, or a step-by-step video, you are the one creating. We are all creatives and creators, and we all earn that pride of creation. Let me know what you’re creating this week!
📊 Do you like data?! Here are some interest datasets that show how the business and venture communities are thinking about the new world.
Midwest VC activity during COVID-19 (via Sandalphon Capital)
someone else's words 💬
fun facts 🙌
I had no idea sequencing a genome was this easy. There’s a device called the MinION. It fits in the palm of your hand. It weighs around 0.25 lbs. It plugs into the USB port on a laptop. It’s cost? A mere $1,000. | learn more
Bailout tracker from 2008. You’ll be pleasantly surprised that ProPublica has continued to update their tracker of every dollar of taxpayer money from the 2008 bailout of the financial system. | learn more
Daguerrotype: the original photograph. From Wikipedia, “The daguerreotype process, or daguerreotypy, was the first publicly available photographic process, widely used during the 1840s and 1850s.” The first image of Abraham Lincoln used this technology, and it looks eerie! | learn more
oh, chicago 🏆
Chicago narcotics arrests are way down. As you might expect, even police are hesitant to violate social distancing these days. | learn more
A tale of two headlines: when Illinois moved quickly to buy masks. Illinois’ Governor Pritzker moved relatively quickly to increase the local supply of masks for healthcare workers. Though N95 was the approved standard, they were in short supply so the state’s purchases included KN95 masks too (now deemed OK by CDC). Officials in another state have found some KN95 masks aren’t up to standards so they’re issuing a recall. The first headline I read, “Illinois blows $17M on shoddy face masks from China”, didn’t quite offer a balanced perspective. This WGN article is better. | learn more
tech, startups, internet ⚡
Venture returns with Abe Othman of AngelList. “If you miss the best-performing seed investment, you will eventually be outperformed by someone who blindly invests in every credible deal.” This data-driven analysis of investment returns paints a vivid picture. However, executing the strategy requires a good definition of credible deal and access to said deals. | learn more
When tailwinds vanish. “The Internet tailwinds that propelled Silicon Valley’s meteoric growth for decades are stalling out. The ripple effects will jolt the tech industry.” | learn more
better doing 🎯
11 mental tricks to stop overthinking everything. Despite the listicle clickbait title, I found this article worth reading. | learn more
Why leaders need meditation now more than ever. Read this if you’re looking for some inspiration to make more time for mindfulness. | learn more
retail therapy 💸
DTC brands partner to create communities and save on marketing spend. The strategic concept here is interesting. Also interesting is my apparent ignorance of most hot new consumer brands. Maybe it’s because I don’t use Instagram? “Growing coalitions between brands via community and content is one bet for them to survive. During the pandemic, they’re “banding together to weather the storm.” | learn more (see also: Elliot Virtual Mall)
under the microscope 🔬
Cancer study stumbles onto potential way to regenerate heart cells. “Heart cells don’t naturally replenish, so after a heart attack it stays permanently damaged. Cambridge researchers have now stumbled onto genes that appear to trigger heart cell regeneration – and they did so by accident, while researching cancer.” | learn more
Guts and glory, microbiome edition. A point well taken. “Funneling down the complex etiology of human diseases to a particular gut microbe or set of microbes often involves far-reaching claims incompletely sup­port­ed by experimental evidence.” | learn more
New solar cell breaks record for highest efficiency ever. “Solar cells are constantly improving on the road to maximum efficiency. Now, three records have been broken by two different devices, including one that pushes the highest overall solar conversion efficiency towards the 50-percent mark.” | learn more
thoughts of food 🍔
Chipotle will pay $25MM criminal fine related to food safety. A press release from the Department of Justice. “Chipotle failed to ensure that its employees both understood and complied with its food safety protocols, resulting in hundreds of customers across the country getting sick…” | learn more
big ideas 📚
It’s time to build says Marc Andreessen. The cofounder of esteemed venture capital firm Andreessen Horowitz published this excellent essay recently. “There is only one way to create the future we want for our own children and grandchildren, and that’s to build.” I couldn’t agree more! As evidence, the largest text on my business website is, “We’re here to build.” | learn more
Bill Gates: the scientific advances we need to stop COVID-19. “The situation changes every day, there is a lot of information available—much of it contradictory—and it can be hard to make sense of all the proposals and ideas you may hear about. It can also sound like we have all the scientific advances needed to re-open the economy, but in fact we do not.” | learn more
calls to action 👇
P.S. Here are some ways you can contribute…
1️⃣ Share details about a project or problem you’re working on.
2️⃣ Introduce me to someone entrepreneurial (opt-in only plz).
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