About $8 million was withdrawn from the stablecoin system on March 12th and 13th. “This problem arose not because of a sharp drop in price and the lack of collateral, but due to manipulations of initiative keepers (liquidators).” | learn more
Nature’s Fynd, a Chicago startup formerly known as Sustainable Bioproducts, raised $80 million to produce lab-grown protein products using a fermentation process. | learn more
It turns out that the lease obligations take a large haircut in bankruptcy court, creating a strong incentive for landlords to sit there and take the pain. | learn more
As always, this is very early research not yet applied to humans. “Triglycerides are a form of fat that circulates through the bloodstream, and high levels can lead to obesity and related illnesses. Now, researchers have found a way to […]
Researchers at Berkeley have created a new system to rapidly test artificial antibodies. This feels like a strong brute-force attack against pathogens. “The system starts with a nanosheet made up of molecules called peptoids. This is then coated in loops […]
There are some interesting concepts noted here, including “LTV Is Everything, LTV Is Nothing: Meet Your Cash Multiplier.” I also am fond of the notice at the top: “This article was written a week prior to the coronavirus pandemic.” | learn more
There’s a chance of sampling bias here, but the trends are fascinating anyway. Luxury sector conversion rates are up a surprising 35-40% vs benchmark. “[Marketing agency] WITHIN … tracking year-over-year trends in ecommerce revenue, ad spend, and conversion rate relative […]
“Three senators on a revived subcommittee received more than $100,000 each from drugmakers.” | learn more
Seth Godin highlights four ‘big leaps’ that exist when moving communication online. “It’s not just like the real world but with keyboards.” | learn more
Naval Ravikant has transitioned from startup investor to philosopher, and I like it! “The first problem with attaining peace is that no activity will get you there. Fundamentally, peace is inactivity; it’s a sense that everything is fine.” | learn more