Will's Weekly Roundup

Feb 13th - 19th

Will's Weekly Roundup is a weekly newsletter of curated tech, business, and startup news (and what I'm thinking about).

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Headlines

The tech and business headlines you missed (or need to see again)...

US single-family home building fell 27.3% YoY in January. LINK

Tesla has agreed to make part of its extensive charging network available to drivers of other brands, the White House said Wednesday. LINK

Barstool Sports is now fully owned by the casino operator and entertainment company Penn Entertainment, which on Friday completed the acquisition for a total of $551 million. LINK

The US is at risk of debt default as soon as July. LINK

Airbnb just reported its first profitable year of $1.9 billion in 2022, a stark contrast from its $352 million loss in 2021. LINK

Amazon's CEO vowed to ‘go big’ on physical stores. LINK

40% of converted ETFs have suffered net outflows. LINK

BeReal's weekly US downloads (down ~95% from their 2022 peak) show how difficult it is to keep up a consumer app's growth once you have crossed the chasm. LINK

Apple will scrutinize customer history in its new ‘buy now, pay later’ service. LINK

Tesla will recall 362,000 cars with its full self-driving system. LINK

Ideas

Some ideas I'm thinking about...

62% of Americans think college admissions should not consider race. LINK

The story of Canada Goose encapsulates many of the challenges facing investors at the moment. LINK

A new startup, Inclusive Health, is making at-home physical therapy a reality using AI. LINK

There’s a website that shows how much the nearest McDonald's Big Mac costs. LINK

One CEO says these 3 phrases make you look ‘weak’ in a job interview: (1) I feel very strongly about…, (2) I read all about your company, and (3) I don’t know. LINK

There’s a material innovation company Kelpi that is replacing single-use plastics with premium performance bioplastics that harness the novel properties and environmental benefits of seaweed. LINK

Visuals

Inflation breakdown for January 2023 - in one chart. 

Growth of paid streaming services since 2023.

Highest ocean plastic waste polluters (annual estimation in metric tons).

Quotes

“Allow your kids to fail. You will hate it, but it's so important. Without failure and suffering, there is no growth.”  Sahil Bloom

“School is not about teaching you to make new discoveries. It's just teaching you things society already knows.”  ― Unknown

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