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Anasticia Sholik

Good evening.

One small step

China GDP: The good and the bad

Good news! China’s economy is slowing. China’s economy grew by 6% in the third quarter, the slowest annual rate in 30 years. This is a big deal because letting the economy weaken is actually a good thing.

Good news! China’s economy is slowing

Yes, China built a lot of silly stuff - entirely empty cities, themed cities and some crazy geoengineering stuff. But they also built an incredible transportation infrastructure - both highways and high speed rail. Go ahead and look up on Wikipedia: “worlds longest bridges” “world’s highest bridges

Yes, China built a lot of silly stuff - entirely empty cities, themed cities and some crazy geoengineering stuff. But they also built an incredible transportation infrastructure - both highways and high speed rail. Go ahead and look up on Wikipedia: “worlds longest bridges” “world’s highest bridges” and more, and you’ll be blown away at the level of investment they’ve made to connect their country together, built an amazing transportation infrastructure, and yes, to stimulate their economy.

Imagine the kick in the pants the U.S. economy would get if we were bold enough to invest in our crumbling, third-world infrastructure, prioritizing green transportation (high speed rail), a smart eco-power grid (with energy storage systems) and then doing safety upgrades to fix our auto infrastructure (i.e. not to increase car capacity but just to fix crumbling and unsafe bridges and overpasses)? Interest rates on long term T-bills aren’t much more than the rate of inflation, so it would cost very little to finance it. And building this out before climate change really hits the economy hard is a much better idea than waiting until our ecological damage really bites us in the behind and our economy tanks.

All of these debt fueled investments will have to be paid off at some point. Either through increases in productivity and output or by a massive bailout and more money printed... the latter can be potentially impactful to the world economy as China keeps its dollar surpluses invested elsewhere...

The future of gaming

Top dollar TV

Can you hear me now?

Talkin' Texas

The Lone Star State, but make it fashion. The world’s biggest luxury brand, Louis Vuitton, is investing $50 million into a bag production factory on a Texas ranch south of Fort Worth. They have good reasons why.

Why Louis Vuitton opened a factory on a ranch in Texas

I never thought I'd see the day where Bernard Arnault would be in a photo with Trump. But this is a great set of news for the US manufacturing sector, and hopefully this can create a bigger trend towards fashion brands setting up more US plants.

That said, "Made in the USA" is a tag that brands can

I never thought I'd see the day where Bernard Arnault would be in a photo with Trump. But this is a great set of news for the US manufacturing sector, and hopefully this can create a bigger trend towards fashion brands setting up more US plants.

That said, "Made in the USA" is a tag that brands can only use if 100% of their products are sourced there. The leather isn't entirely from Texas (which is a bit odd) but this issue has also hindered the watch world.

There so much more under this hood, but kudos to LVMH for this news.

Fact-checking Facebook

Private Facebook groups enable dangerous medical scams. A Business Insider investigation finds closed groups have allowed unlicensed medical “cures” to proliferate, and the social network’s response hasn’t been enough to stop them.

Unlicensed medical 'cures' are flourishing in closed Facebook groups, where cancer treatments — and even surgery — are sold beyond the reach of the law

That, here, precisely demonstrates how Facebook and other current social media are ill-equipped to address dangerous quackeries. They are flourishing, not because they are not forbidden, but because their rational can remain unchallenged forever inside closed online groups.

The next big thing in banking is small

What is better than neobanks? Neobank killers. Venture capitalists have poured billions of dollars into digital bank startups like Revolut, but some investors think they’ve found an even better bet in the fintech sector.

As neobank valuations bubble up, some investors think there’s an even better bet in fintech

Doubt is growing about the sky-high valuations for tech unicorns, including the much hyped fintechs. I've been speaking with investors who are wary that these companies will ever truly be worth these lofty price tags. At this point, they are looking for less sexy alternatives.

In the meantime, judgement

Doubt is growing about the sky-high valuations for tech unicorns, including the much hyped fintechs. I've been speaking with investors who are wary that these companies will ever truly be worth these lofty price tags. At this point, they are looking for less sexy alternatives.

In the meantime, judgement day will come for the neobanks, if they survive long enough to try to go public.

What comes after the iPhone?

The messy NBA-China breakup

More details on the row. China had reportedly asked the NBA to sack Morey for his tweet. The league—which is trying to protect a reputation for standing up for human rights—hasn’t caved.

The backlash over China’s NBA bullying is only going to get worse

There's so many good takes about this thriller. Who would've thought Morey's tweet could cost the NBA a substantial amount? To quote a smug tweet I read this morning, "that's talent." But there's something deeper at play. I'm going to spitball (another term I learned on sports twitter) that the CCP -

There's so many good takes about this thriller. Who would've thought Morey's tweet could cost the NBA a substantial amount? To quote a smug tweet I read this morning, "that's talent." But there's something deeper at play. I'm going to spitball (another term I learned on sports twitter) that the CCP -- I make an effort to separate the Chinese government from the Chinese people -- woefully miscalculated. My take is that they've become increasingly confident with expanding censorship beyond their borders but missed a couple of factors in their current impasse with the NBA:

1. NBA is wokest professional league in the United States. We're not dealing with the NFL if you catch my drift.

2. In the US (ironically) private corporations call the shots not the gov't. However CCP has witnessed the demagogic rule of President Trump who has succeeded in extinguishing careers (remember Kathy Griffin. Hollywood blackballed her.)

3. Daryl Morey is one of the most powerful GMs and innovators in the NBA off the court. He's a strong proponent of analytics-driven basketball dubbed "Moreyball" that transformed basketball from a mid jumper shot game to the land of triples that suits the likes of the Warriors and Rockets. He also cofounded the very popular MIT Sloan Sports Analytics Conference.

4. NBA's decision would set a precedent for future interactions with China and uncharacteristically of an American firm the NBA chose values over money.

5. Morey didn't do anything egregiously wrong. The CCP has adopted an increasingly subjective and capricious "prone to be offended" disposition that makes it difficult to understand what actually IS offensive. I mean this is the same government that banned Winnie the Pooh.

Let's see how this story develops.

The world in 50 years

What will we wear? Executive producer of “The Bold Type”, Joanna Coles, envisions a better marriage between tech and clothing. “I think we’ll wear much more intelligent, sustainable fabrics that work with our bodies.”

The World in 50 Years: What will we wear?

I think the future of fashion is uniforms. Maybe it's not wearing the exact same thing every single day but I do foresee a drastic reduction in the quantity of clothes we buy and wear. Capsule closets have gained momentum in recent years as consumers Marie Kondo their wardrobes. Companies such as Rent

I think the future of fashion is uniforms. Maybe it's not wearing the exact same thing every single day but I do foresee a drastic reduction in the quantity of clothes we buy and wear. Capsule closets have gained momentum in recent years as consumers Marie Kondo their wardrobes. Companies such as Rent the Runway have successfully capitalized on a clothing rent and return model. While a focus on utilizing sustainable garment materials is equally important, I think in the next 5 (or 50 years) fashion will continue to embrace the "less is more" mindset. 

To infinity and beyond

Close

Investors are betting the Netflix of education can give kids what schools can’t

Read more on Quartz

From Our Members

  • I would love something like this to work because our schools, by and large, are broken and ineffective. But of all the markets our startups have tried to disrupt, education may be the most resistant to change.

  • One thing I believe very strongly about is that kids are capable of learning much more and much faster than is possible in the typical school system. The more these types of platforms become available for kids who have a passion for learning and insatiable curiosity, the better our world will be for it.

  • Super interesting service for kids to learn with other students and teachers online—I'd definitely try it out if my kids were younger.

  • Yes, love this. It puts additional learning within reach for busy parents who prefer not to have their kids learn from YouTube (which is banned in my house).

    Learning tools like this shouldn’t replace real world hands-on learning but it makes a good supplement.

  • Love it. Been saying this for years, since the idea of badging was a coffee break conversion. ‘You’re saying WHAT is going to happen?!’

    Yes. Something is going to disrupt education. Adults already do this with Linda, Acumen, and other online services. Why not kids? Why not pick and choose as you go

    Love it. Been saying this for years, since the idea of badging was a coffee break conversion. ‘You’re saying WHAT is going to happen?!’

    Yes. Something is going to disrupt education. Adults already do this with Linda, Acumen, and other online services. Why not kids? Why not pick and choose as you go?

    I welcome a debate; the 9-3 school day is a dinosaur. But. The world of universities is a strong system that self perpetuates and regenerates itself. The real question is ... when will till this hit higher-ed with force?

  • Really excited about this. Not just in the potential of Outschool's success but what it means of the human condition ... Television programming for kids sucks. It has sucked for a while. Nickelodeon and Disney shows have resorted to the idiot Dad and siblings who insult everyone. The old shows like Mr

    Really excited about this. Not just in the potential of Outschool's success but what it means of the human condition ... Television programming for kids sucks. It has sucked for a while. Nickelodeon and Disney shows have resorted to the idiot Dad and siblings who insult everyone. The old shows like Mr. Wizard, Bill Nye, etc. are essentially gone. As a parent raising kids, I struggle to find anything educationally oriented and pre-teen, early teen appreciated.

    Investor interest may be the catalyst education programmers need to see that the market will fuel production of meaningful content.

  • Interesting courses and good part is that it is offered online so physical boundaries dont matter and kids can spend time on something they like rather than watching YouTube

  • Kids will watch TV or online videos anyway. At least now they have something to watch that actually helps them learn how to learn —- a life skill.

  • The trend of learning online is firmly taking hold, and once laughable accreditation from online sources are being accepted as forms of qualification.

    The movement of how education happens, when, and why is on the March. The future of universities as we know them is finally looking different. High

    The trend of learning online is firmly taking hold, and once laughable accreditation from online sources are being accepted as forms of qualification.

    The movement of how education happens, when, and why is on the March. The future of universities as we know them is finally looking different. High prices, useless degrees, and over paid tenured professors are chalked for extinction.

  • Entirely true. Not even a hard bet, education is so bad and not based on data.

  • Online education is definitely a mega trend that has been already happening for two decades, Netflix getting involved does take everything up one notch. It will definitely be interesting to watch the space, the critical mass and the subscriber base give Netflix an amazing opportunity to leverage into

    Online education is definitely a mega trend that has been already happening for two decades, Netflix getting involved does take everything up one notch. It will definitely be interesting to watch the space, the critical mass and the subscriber base give Netflix an amazing opportunity to leverage into adjacent markets and brand to youngsters early on.

  • Scaling up works when things are everywhere and everyday. It's sourced on abondance. Cleaning oceans? Use all the boats sailing. Want to go on place to other? Use the everyday car. Want a place to sleep? There are homes everywhere. Want to learn? There are people everywhere with knowledge.

    When there

    Scaling up works when things are everywhere and everyday. It's sourced on abondance. Cleaning oceans? Use all the boats sailing. Want to go on place to other? Use the everyday car. Want a place to sleep? There are homes everywhere. Want to learn? There are people everywhere with knowledge.

    When there are extra room on the everyday everywhere there is a market to scale in.

    This story is impressive.

  • This is fantastic, MOOC focused on a different segment.

  • Great article. Will be trying it with my kids soon. Can’t wait to hear the Teachers Union come out against this....