Author: tremendousblog
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Was the cure for cancer invented in a university, only to be shelved for a lack of funding? University labs are creating incredible drugs on a regular basis. Unfortunately, most will never get to the patients that need them so desperately. This is the conclusion of an intriguing book I…
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The co-founders of lab testing startup uBiome are under indictment for fraud and are currently on the run. Listening to a podcast about uBiome this morning, the parallels between it and Theranos struck me as uncanny: The two co-founders were romantically involved, just as Theranos CEO Elizabeth Holmes was with…
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I came across an interesting problem yesterday. It seems simple but almost everyone gets it wrong: You’re on a game show. The host shows you three doors. Behind one is a car. Behind the other two, nothing. Choose correctly and a brand new car is yours! You choose Door #1.…
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I had the privilege of watching 7 excellent startups present at The Syndicate’s Remote Demo Day. All are seeking early stage funding for their company from the investment group, which I’m a part of. I came away from the meeting amazed at the quality of companies out there now. While…
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Stimulus checks for $1,400 went out this month to most Americans. I found myself wondering today, did they save it, invest it, or just blow it? Data indicates that the biggest use of stimulus funds has been to pay down debt. A Census Bureau survey found 52% of people mostly…
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As a teenager, Kamil Sattar knew he wanted to work in business. But he dropped out of his college’s business program during his second year when he said he realized, “I wasn’t actually learning how to do business. I was learning how to work for someone else’s business and make…
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+ Business+ Drop shipping, E-commerce, Entrepreneur, Internet, Online store, Retail, Shopify, Small Business, Software+
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Brokers are selling over $30 billion worth of positions in imploding hedge fund Archegos Capital Management, shaking markets. Wall Street does not know exactly how many positions the fund holds for two reasons: It is very lightly regulated because it’s organized as a “family office,” rather than a typical hedge…
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As the Suez Canal, chokepoint for 15% of world shipping, was cleared today, I thought of another time it was blocked. Not for a week, but for 8 years. Following the Six Day War in 1967 between Egypt and Israel, Egypt blocked the canal to prevent Israel from using it.…
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Harvard researchers have invented a mask that can test the wearer for COVID: Researchers at Harvard University’s Wyss Institute for Biologically Inspired Engineering have figured out how to integrate a freeze-dried diagnostic Covid-19 test into a face mask. The test reacts with exhaled particles and gives a diagnosis in 90…
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Ten billion dollar hedge fund Archegos Capital Management is imploding, causing banks to frantically sell its portfolio to stem further losses: One mystery in a dramatic year on Wall Street has been the identity of a trader whose persistent purchases have sent shares in ViacomCBS Inc., Discovery Inc. and a…