Bill Gates unveils a new toilet. 

Much of the world lacks toilets. Because of that, disease runs rampant. No water and sewer infrastructure means traditional toilets aren’t going to be an option. So, Bill Gates has been investing in this space. He recently unveiled a toilet that doesn’t need water or sewers and uses chemicals to turn human waste into fertilizer. |learn more

The incentives for groupthink. 

Academic departments are trending toward conformity. “According to arguably the best-designed survey of American faculty beliefs since the early 1970s, which was carried out in the mid-00s, only 3.6% of humanities faculty members and only 4.9% in the social sciences self-identified as conservatives.” Neema Parvini digs into the mechanics of why that’s the case. learn more

The McRib effect. 

“When the McRib is available, the S&P 500 has an average daily return about 7 basis points (0.07%) higher than on days when it is not available. To put that into perspective, when annualized, that difference would be 19% every year.” This is a great article from Of Dollars and Data reminding us that correlation is not causation. learn more

The evolving role of crypto investors. 

Multicoin Capital has built a strong brand for themselves as a value-added investor in the crypto space. This post is a great example of why. Cofounder Tushar Jain writes about how they support early projects with more than just money by being early participants in crypto networks as miners, stakers, etc. learn more

The latest victim of millennials: American Cheese. 

“American (cheese) culture is at a crossroads. The product, made famous by the greatest generation, devoured by boomers on the go and touted as the basis for macaroni and cheese, the well-documented love object of Gen X, has met its match with millennials demanding nourishment from ingredients that are both recognizable and pronounceable.” learn more

Visual search sits on the brink of a breakthrough. 

“According to eMarketer’s 2018 Visual Search report, about 1 billion visual searches happen per month. That’s a tiny fraction of overall search, which renders hundreds of billions of queries per month, but it’s growing. On Pinterest, monthly visual searches went from 250 million per month in February 2017 to 600 million per month in February 2018.” learn more

The VC Ponzi scheme theory. 

Chamath Palihapitiya is the founder of the uber-successful investment firm Social Capital, which has recently been in the news for some serious drama (google it if you’re curious). Chamath is interviewed here by Jason Calacanis and shares his controversial views on the inherent problem with the Silicon Valley fund model. Skip to 22nd minute if crunched for time. learn more