This week’s highlights: Insurance Fraud, Amazon Prime, and a Love Algorithm
by David Wells – Nashville TN
Happy Friday –
Hope everyone has a safe and enjoyable Labor Day weekend.
- “We Only Do Good Deals” is Not An Investment Strategy – Part 2 Too Many Fish in the Sea? There are 6,000+ private equity funds, several hundred independent sponsors, several hundred search funds, sovereign wealth funds, strategic players and additional family offices all actively looking for acquisitions.
Food for Thought
- Texas Monthly – The Wildest Insurance Fraud Scheme Texas Has Ever Seen
- DMK – COVID – why terminology really, really matters – Credit CW – When is a case not a case? also check out – A Supercomputer Analyzed Covid-19 — and an Interesting New Theory Has Emerged
- WashPo – We’re doing our best with Zoom. But we’ll still need offices — and each other.
- Polygon – Watching David Blaine reenact Up was a surprisingly thrilling way to spend a morning
- RollingStone – Rick Rubin: My Life in 21 Songs From LL Cool J to Kanye West, Slayer to Tom Petty, Johnny Cash to Dixie Chicks, the producer reflects on more than three decades of challenging music’s status quo.
- II – ‘I Can’t Believe I’m Saying This, But I’m Passing on Seth Klarman’ Doubt about iconic hedge fund Baupost Group enters the bloodstream.
- NetInterest – Disrupting Bloomberg The enduring appeal of the $24,000 a year terminal
- Forbes – The Anti-Facebook. 12 Years in Facebook Cofounder Dustin Moskovitz’s Slow-Burn Second Act, Asana, Finally Has Its Moment Nearly a decade ago, Zuck’s college roommate became the world’s youngest self-made billionaire by moving fast and breaking things. Now Moskovitz is set to take his radically chiller cloud standout Asana — a software success story powered by patience and the pandemic — public.
- Vox – The making of Amazon Prime, the internet’s most successful and devastating membership program
- NFX – How Second Time Founders Can Win and Avoid Common Mistakes
Culture / Tech / Science
- Guardian – Almonds Are Out. Dairy Is a Disaster. So What Milk Should We Drink? A glass of dairy milk produces almost three times more greenhouse gas than any plant-based milk. But vegan options have drawbacks of their own.
- A16Z – Taming the Tail: Adventures in Improving AI Economics
- Wired – A Rocket Scientist’s Love Algorithm Adds Up During Covid-19 On the brink of a breakup, a JPL engineer computed a relationship prediction formula. It eventually became a dating app—and its value is rising in the midst of a pandemic.
- Jalopnik – The 1999 Plymouth Prowler Was A Rolling Midlife Crisis Wearing 295-Wide Rear Tires
- Engadget – A US teen wrote 27,000 Wikipedia entries in a language they don’t speak Important point, Scots is a language, not just writing in English with a ‘Scottish” accent.