Amir Sariri:

Although angel investors and venture capitalists (VCs) both participate in the supply side of the same market providing capital and advice to early-stage companies, they are distinct in several ways. The differences in when they choose to deploy capital are well studied. The differences in when they choose to provide advice are not. Using a sample of 7,980 mentoring decisions by seed-stage investors from which I construct a novel typology of four types of startup activities, I report among the first empirical findings on systematic differences in angel versus VC advice. Angels are more likely than VCs to choose to provide advice on the design and execution of experiments (e.g., will customers buy this product at this price?), whereas angels are less likely than VCs to choose to provide advice on analysis (e.g., what is the size of the total addressable market?). While analysis is a skill that can be learned from studying, hypothesis testing is a skill developed via learning-by-doing. I report evidence consistent with the hypothesis that angels are more likely to choose to provide advice on the design and execution of experiments because they have a skill advantage in that domain due to operational experience. I also provide evidence that is inconsistent with alternative explanations, including financial incentives and selection.

It’s not hard to imagine this system being expanded to adjudicate a merged ToS that spans most corporate online platforms.

A parallel ‘legal system’ that’s beyond the reach of democratic governance that dictates what 4-5 billion people can or can’t do online.

So keep this in mind when I say that, from my perspective, the potential of the blockchain SOCI is easily equal to the whole of the current $200 Trillion global economy. Consider this, if you were sitting in the 1500 with a global GDP around $500 Billion and someone told you about the joint stock company, representative democracy and empirical science, you might have been skeptical that this new world would not only come to completely absorb the old but would ultimately grow five hundred times beyond it over the coming centuries. Yet that is precisely what happened.

Google faces $5 billion lawsuit in U.S. for tracking ‘private’ internet use

How China turned a prize-winning iPhone hack against the Uyghurs

The internals of App Review’s testing — quite fascinating!

The First Rule of Bite Club? Talk About It.

Reporters fume at White House ‘quote approval’ rules

This is a notable milestone because in 2018, SpaceX founder Elon Musk said the goal for its Falcon 9 rocket would be to fly each first stage booster 10 times before requiring significant maintenance.

Boeing 787s must be turned off and on every 51 days to prevent ‘misleading data’ being shown to pilots

By as early as the fall of 2016, Amazon founder Jeff Bezos had already started to worry deeply about the progress—or lack thereof—being made by his rocket company, Blue Origin

These leaders, alongside Smith, built a culture of caution rather than deliberate risk-taking in order to move more quickly.

Lady Ranelagh: The Incomparable Life of Robert Boyle’s Sister

This article examines the effect of church-state relations on rates of Christian population growth or decline worldwide. It makes the paradoxical argument that contexts of both pluralism and persecution do not impede Christian growth rates.

“This would be consistent with DarkSide’s earlier activities, which included several ‘big game hunting’ attacks, whereby attackers target an organization that likely possesses the financial means to pay the ransom demanded by the attackers,” Flashpoint observed.

The Oncoming Ransomware Storm

As I outline in my Content Fortresses thesis, when only first-party data is permissible for use in advertising targeting, then the largest consumer tech companies will simply grow their first-party datasets. Apple is claiming that the entirety of the App Store exists in its first-party data environment and so every interaction that takes place in any app is fodder for its ads optimization algorithm.

The news highlights the interest in payroll data, with various companies launching products centered around the novel dataset. Last week, Motherboard reported on how a company called Argyle was linked to a series of suspicious websites that offered to pay people for their workplace login details.

This screencap shows Ferguson’s “unmitigated” model scenario predicting 84,777 deaths in Sweden. It comes straight from Ferguson’s own website.

No-Fly Zone in the Loan Office: How Chief Executive Officers’ Risky Hobbies Affect Credit Stakeholders’ Evaluation of Firms

Limited functionality instead of account deactivation

Fact-checking Modi’s India
As the pandemic rages across the country, one team of fact-checkers contends with a post-truth dystopia.

Another Group of Scientists Calls for Further Inquiry Into Origins of the Coronavirus

Putin seems to have revived the 16th-century “letter of marque” that England used against the Spanish Empire.

Klamath Basin water allocation cut to zero

WATCHES FROM THE SOVIET UNION

A major lesson of Covid-19 is that there is no distinction between natural and man-made catastrophes.

The Texanist: Why Do I Get So Many Robocalls From Small Texas Towns?

Publish books on Amazon. I’ve published 4 and make about $3k in profit per month, after paying for ads on amazon. Don’t write them yourself, that’s a lot of work. Instead, do key word research about what books sell in non-fiction categories (fiction is a whole different ballgame). Look for keywords that 1) auto complete in the amazon search bar, and 2) have less than 4,000 matching books, and 3) have an average Amazon BSR of less than 150k.

While I was examining the private intelligence business, it became clear that I needed to look at another profession, the one where my career had been spent — journalism. Reporters and private investigators long have had a symbiotic relationship that is hidden from the public. Hired spies feed journalists story tips or documents and use reporters to plant stories benefiting a client without leaving their fingerprints behind.

Mark Calabrese:

Yet while banks must operate with leverage around 10 to 1, the Enterprises have only recently reduced their leverage to 140 to 1. That is not enough capital for them to survive a housing downturn.

When I came into office, the Enterprises were allowed to hold only $6 billion in loss-absorbing capital to back their $6 trillion balance sheets. In September 2019, Treasury and FHFA raised their combined capital caps to $45 billion.

That change saved Fannie and Freddie from failing last year when the COVID shock hit. But it does not mean they are safe. In their current condition, Fannie and Freddie will fail in a downturn in house prices.

But the cyclical history of the housing market teaches that strong house price growth is not a guarantee of future stability.
In fact, FHFA’s data shows that high prices gave Enterprise borrowers a slightly greater share of home equity in December 2005, on the cusp of the last crash, than they had as of December 2020.
We know that just as prices go up, they also go down. It is prudent to prepare for the downturns during the boom times. That is what FHFA’s resolution planning rule helps accomplish.

10 residents live in isolation at Hawaii’s last leprosy community

How I Became a Libertarian

Brookline Will Keep Outdoor Mask Mandate In Place

We Mailed 100 Letters to Test The Postal Service. We Did Not Get Speedy Delivery

Amazon knew seller data was used to boost company sales

How much time and money do commuters save working from home?

Facebook and Instagram threaten to charge for access on iOS 14.5 unless you give them your data

The Washington Post gave its readers a clear-eyed view this weekend of how American intel agencies work with sympathetic reporters to smear and discredit political opponents, ignoring a specific explanation from one of the article’s targets of how reporters were being used, and leading to embarrassing corrections in multiple articles (as well as in The New York Times and at NBC News).

Origin of Covid — Following the Clues

But the COVID-19 debacle is not yet over. Fauci refuses to give up the influence he has held for over a year. Requiring or recommending the public wear masks—even at outdoor events and even after being fully-vaccinated—has moved beyond any semblance of “science,” and is now purely an instrument of social control. As of this writing, vaccines are universally available throughout the U.S. Almost 40 percent of American adults have been fully vaccinated, more than half of Americans have received at least a first dose, and about 2.7 million additional shots are being administered daily.

How photography rose from the margins of the art world to occupy its vital center

I worry that pandemic-era reimbursement practices have taken traditionally free screening calls and rebranded them as billed visits, with no value added.

The NHS is being forced to revise its digital booking system for Covid-19 vaccinations after the shocking discovery that it leaks people’s vaccination details.

“Structures have stories,” writes Roma Agrawal in her book Built. They tell the stories of the people who lived in them and the world they were made for. The same goes for the remains of Shanghai Tower, even after such so much time has passed. Any future explorers, whether an evolved form of life on this planet or from another world, would be able to recreate a picture of 21st Century life in astonishing detail, provided they can use the same techniques that geologists use today.

But from what I can see, none of this fixing would have been aided by waiving the patent rights to the vaccines themselves at some earlier date. The supply of vaccines has been increasing, and would continue to increase without the patent waiver idea. The constraints are physical ones, supply chains and engineering ones, not legal.

These declarations look dopier than ever after a new article was published this week by the journalist Nicholas Wade, who for many years was a science correspondent for the New York Times. At the very least, Wade demonstrates that the “lab-leak” theory ought not to be discounted. But he also goes much further, showing that the theory is in fact highly plausible. The article was first self-published on Medium, then later reproduced by the Bulletin of Atomic Scientists. While long, it’s worth reading in full even if (like me) you are effectively illiterate in the technical scientific details.

But the most noticeable missteps stem not from the news pages but from the editorial column. For it is here that readers find out what the paper thinks about the great issues of the day. And it is here that mistakes are inked most indelibly into history, whether they relate to suffrage, reform or, most notably in recent years, the debate over Brexit.

To err is human. But making the wrong call is both inevitable and painful. To see why the Guardian thinks the way it does, it is useful to start with the interests it originally sought to advance. The Manchester Guardian was born of moderate radicalism, and began life in 1821 as a mouthpiece for male middle-class political reform.

The social media giant, through its power to target users based on their interests, is especially attractive to pharmaceutical companies looking to sell drugs to potential patients. The Washington Post reported last year that health and pharmaceutical companies spent almost $1 billion on just Facebook mobile ads in 2019. The draw? Unlike a traditional TV or radio ad, Facebook’s ad categories help those companies target their drug ads at users who likely suffer from a specific illness the drug treats.

The dog ate our disclosure

Researchers: Medical errors now third leading cause of death in United States

“I think there is a real chance this is a very bad moment for us – ‘Facebook lies about its user #s to get record profits.'” <- Facebook employee.

You can see (familiar) how they strategize spin 1) captured advertising clients lobbying for them, 2) small business!!! etc etc /5

One finds an uncommon freedom at the Farm, in the company of Peter and Kevin, as well as a certain grief, realizing what we’ve habitually missed, and what it’s cost us. If we ignore those who don’t talk, we fail to develop beyond our words.

To succeed, get other people to pay you; to become wealthy, help other people to succeed.

Publishers like The Guardian become conscientious FLoC objectors, as The New York Times and others open to testing the controversial tech

Separating rumor from fact on Covid-19’s origin

An Interview With Linus Torvalds: Linux and Git

The Rise and Fall of a Double Agent

Where Did the Other Dollar Go, Jeff?

The popular cooking website will not publish new beef recipes over concerns about climate change. “We think of this decision as not anti-beef but rather pro-planet,” an article said.

An Ohio Town Grapples With Tearing Down a Plant From the Cold War}

Everything That’s Ever Gone Wrong on My Camping Trips

Apollo 11 Astronaut Michael Collins on the Past and Future of Space Exploration

These are complex decisions that trade off privacy, ease of use and competition, and they might be made by lawyers.

Among the simple programs Chuck Geschke wrote that summer was a way of printing envelopes for the announcement of his daughter’s birth.

That year we anchored in Greece for the summer and spent winter in a Sicilian marina with a good discount.

In short: Don’t wait for the government to fix privacy. Any attempt to curtail and reverse the growing power of surveillance capitalism will have to start from us — the people — through grassroots mobilization. Pass it on.

Your Car Is About To Be a Software Platform, Subscriptions and All

Toilet to table: Michigan farmers feed crops with ‘toxic brew’ of human and industrial waste

Hong Kong leader Carrie Lam lashes out at Western powers for ‘double standards, hypocrisy and lies’

Havana syndrome: NSA officer’s case hints at microwave attacks since 90s

(From a physician friend: “The flu is gone because everyone is sticking to the rules but COVID is rising because no one is sticking to the rules.”)

Dynomight:

What do you worry about more: Getting exercise, eating vegetables, or the air you breathe?

While most things that clearly improve health are well known, one is insanely underrated: Fixing your air. I suspect this is often the most effective health intervention, period. Nothing else is so important while also being so easy to address.

Let’s do a sanity check: Take the four biggest countries in the world and compare how many people died from various causes in 2019.

A smartphone with a fluid lens

Qwest reportedly balked at NSA records sweep (2006)

Coalition of big investors pushes banks to defund carbon emitters

All the Numbers are US: Large-scale Abuse of Contact Discovery in Mobile Messengers

Facebook Wants to ‘Normalize‘ the Mass Scraping of Personal Data

Life after Merkel: Germany’s ties with China head into the unknown

China’s digital yuan displaces the dollar

Eye in the Sky: Private Satellites and Government Macro Data

Capitalism needs a new Martin Luther to call out the “woke indulgence sellers”

Bill to reveal names of California recall signers won’t move ahead

The Florida House has resoundingly approved a consumer privacy bill that gives the public an opportunity to regain ownership of the personal data collected by companies.

How a Chinese Surveillance Broker Became Oracle’s “Partner of the Year”

They are now speaking out about the horrors they witnessed, when around them, an estimated million Uyghurs and other Muslim minorities were forcibly taken to internment camps for “re-education.”

In reality the hearing’s climate alarmist statements and claims represented nothing but conjecture and speculation driven by the political ambitions of politicians and scientists seeking fame and additional government funding. The hearing failed to address scientifically proven and verifiable climate evidence. 

Moneyball With Money: How Billy Beane and Brian Cashman Became Friends, Won Games, and Influenced People

It’s one thing when activists lie in furtherance of their goals. But when the media is deliberately misleading their audience for the sake of a narrative, it’s an enormous, malignant problem.

With the low-cost, reusable Falcon 9 rocket, SpaceX has already badly damaged the commercial launch industries in Europe, Russia, and Japan. For the Artemis Program, Europe is contributing the Service Module for the Orion spacecraft. How would these officials react if NASA now says, “non merci” to that contribution because of SpaceX?

The risk of being exposed to Covid-19 indoors is as great at 60 feet as it is at 6 feet — even when wearing a mask, according to a new study by Massachusetts Institute of Technology researchers who challenge social distancing guidelines adopted across the world.

Diess infamously complained to reporters that these workers’ bargaining power meant that a one-litre pot of coffee for a meeting at the plant costs the company roughly €60.

Navalny Has a Lesson for the World. The Russian opposition leader is showing what courage means.

Lockdown proponents can’t escape the blame for the biggest public health fiasco in history

Want to Resist? Delete Your Facebook Account

A smartphone with a fluid lens