thoughts of food

China’s Lukin Coffee brews up fake financials

The company, founded in October 2017, already operates over 3,500 locations. They were compared favorably to Starbucks last year. Now, their recently-listed stock fell 80% after an investigation found the COO fabricated sales figures (like, a lot). | learn more

better doing

Preserving optionality

From Farnam Street: “We’re often advised to excel at one thing. But as the future gets harder to predict, preserving optionality allows us to pivot when the road ahead crumbles.” | learn more

better doing

Improbable things

From Paul Kedrosky: “It’s a big planet and so a lot of weird things that shouldn’t happen, happen all the time. As I like to remind people, on a planet with 7.5 billion people, a billion-to-one longshot potentially happens seven-ish […]

tech, startups, internet

The future of design tools

“The way you know we still haven’t figured out design tools is by the fact that Photoshop still ranks highly in design tool surveys. It was released in 1990 and its main selling point was the ability to edit raster […]

oh, chicago

Raising money for local hourly workers

“Chicago Hospitality United is a grassroots effort to raise funds for hourly hospitality workers affected by the mandated shutdown of bars and restaurants to contain COVID-19.” This is a collaboration between a restaurant operator and Stock Mfg, the makers of […]

fun facts

Antarctica used to have a rainforest

“New evidence shows that the planet’s coldest continent harbored rich, wet forests in the dinosaurs’ time. The results will help shape estimates of human-driven warming.” | learn more