NEWS
(4 quick looks at the big happenings this week)
Normally I try to stay away from the clickbaity drama stuff but come on now… Elon Musk, the richest man alive, just offered a 19-year-old kid $5,000 to take down the teen’s Twitter page that was tracking his private jet.
What a time to be alive.
The teen then refused the money and counter-offered $50,000.
Unfortunately, Musk then got bored or realized that his time might be better spent elsewhere, cause he just blocked the page and moved on.
Apparently, the teen is undeterred. He now believes he can make a business out of tracking billionaires’ jets and then posting their schedules on social media. Essentially, he wants to blackmail the ultra-rich into making him take down these accounts.
Good for you kid, you are a legend.
On a more serious note the trial of Elizabeth Holmes, founder of the highly fraudulent Theranos, is over. I’m a little late on this but it is worth revisiting.
She is going to jail for 20 years and has a $250,000 fine. This sort of thing never happens in silicon valley.
Elizabeth took the ‘fake-it-till-you-make-it’ mantra to whole new extremes by lying about the capabilities of her revolutionary medical device.
This story has shaken things up in silicon valley as the invincibility that many huge tech founders feel has been shattered. Here’s to hoping this one sends a message to the industry, firmly cementing that consequences still exist.
Locafy is a digital marketing agency that specializes in localized SEO.
This is a story because…
They are going public this week.
Are you freaking kidding me? A few short years ago, SEO was a niche marketing industry that no one really talked about.
Now a niche localized SEO company is having its IPO this week. I can’t wait to drop this story in the comments of the ‘SEO is dead’ spam I keep getting hit with.
SEO is not dead. It’s not going anywhere… Except for the trading floor of course.
The last story for this week is a bit of a rant. Fair warning.
We’re you aware that Shark Tank, our beloved late-night dopamine hit, is kind of fake?
Yep, this isn’t really news but I don’t care. According to distractify 74% of the deals that we see in The Tank are changed, shrunk, or downright canceled after the credits roll.
This sucks.
I know it is unrealistic to think that every deal goes through. Honestly, I was fine being ignorantly blissful thinking that somehow every minnow in the tank was getting what was put on TV.
They are not and that bums me out a little.
Sorry for spoiling it for you.
TOOLBOX
(no affiliate links, just 3 tools a week I love)
Napkin is an interesting new tool for writers and mind-mapping.
It looks to shake the whole, Notion, Airtable, Substack, Medium world up by including a more human brain digestible design.
You can create intersecting and connecting designs that help you make meaningful connections between ideas.
It’s got a ways to go but is definitely one to keep an eye on.
They are currently in closed beta but you can sign up to apply for the beta here.
MIT is offering free online classes.
Yep, that is all that needs to be said for that one.
The last tool of the week is Colorpick Eyedropper, a chrome extension that lets you grab hex codes off of web pages.
This one is almost oddly specific but I use this tool every day. It can grab logo colors and pull them to a webpage, make an article title the same color as the sky in the article picture, and a hundred things.
Also, it saves me time. Any tool that is super free and saves me time, goes on the list.
FROM THE EXPERTS
(cause I’m not one)
Josh Gilgal talks details on the Virgin Hyperloop
TL;DR:
“Josh Giegel is the co-founder of Virgin Hyperloop, a company dedicated to making hyperloop transportation a reality. Giegel founded the company in 2014, when hyperloop was an idea on a whiteboard in a garage. A little over two years later, Virgin Hyperloop built a full-scale prototype. Previously, at SpaceX, Giegel led the successful testing of six different rocket engines. He then shifted to leading research activities at Echogen Power Systems. In this conversation with Stanford adjunct lecturer Emily Ma, Giegel shares his entrepreneurial story and explains how his personal mission statement shaped each step of the journey.”
Shaheen Prashantham writes about dancing with Gorillas
TL;DR:
Shaheen gives insights on how startups can partner with large corporations or ‘Gorillas’ as he aptly names them.
He tells founders to formulate relationships, prove mutual benefit, and extend the relationship into new areas of growth.
FROM ME
My Article of the week:
And that is This Week in Entrepreneurship. If you have any edits, questions, or emotional outbursts, you can direct them to me.
Best of luck out there,
JP
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