Sep 23, 2021 Sign Up

Together With

"It is easier to act yourself into a new way of thinking, than it is to think yourself into a new way of acting."— Millard Fuller

Good morning! Robinhood announced yesterday that it is finally rolling out crypto wallets next month, where you'll own the underlying cryptocurrencies and be able to transfer them to other wallets. There is currently a waitlist of 400k+ people. Discord's value keeps going up – it raised $500 million to now be valued at $15 billion (2x the valuation $7.3 billion in Dec'20).

Today's sponsor, Polymarket, allows you to trade on real life events including if the FDA will approve Covid vaccines for children.

Forwarded email? Subscribe now.

1. Story of the Day: Apple to Tackle Depression

Depression rates have been soaring since the pandemic began. Adults reporting anxiety or depression-related symptoms reached 41% in January, nearly quadruple the early-2019 figure. Social media is also not helping with Instagram recently coming under fire for its negative impacts to teens' mental health.

Apple wants to help out and is working on technology with UCLA to help diagnose depression. A pilot phase began last fall tracking Apple Watch and iPhone data from 150 people and will continue with a main phase tracking similar data for 3,000 people starting this year.

Data will be tracked from iPhone's video camera, keyboard and audio sensors. All sorts of data will be collected including the pace of someone's walks, sleep patterns, speed of typing, frequency of typos and content they type. If the research finds that any of that data correlates with mental-health conditions, the hope is to turn those signals into an app or feature that could warn people they might be at risk and prompt them to seek care.

COO Jeff Williams, who oversees Apple’s health unit, has spoken enthusiastically to employees about the company’s potential to address surging rates of depression and anxiety as well as other brain disorders.

Short Squeez Takeaway: If they are successful, Apple could help tens of millions of people world-wide but privacy remains a big concern in the operation. To address privacy concerns Apple aims for algorithms that work on users’ devices and don’t send the data to Apple servers. The project is still in its early stages but we wish Apple and UCLA the best of luck on this one.

Source: WSJ

2. Markets Rundown

• US stocks closed out their best day in two months Wednesday, after JPow signaled Fed may announce a pullback of its bond purchases in November and could start to raise interest rates in 2022, both moves largely expected.

Movers & Shakers

• (+) Robinhood ($HOOD) +11% after it announced it is testing “crypto wallets” with select clients next month.
• (+) Stitch Fix ($SFIX) +16% after stellar quarterly earnings, EPS of 19 cents, compared to expected loss of 13 cents. 
• (–) Facebook ($FB) -4% after the social media giant said it underreported ad performance on iPhones.
  

3. Top Reads

A Message from Polymarket: Vaccines for Children?

Top US health officials believe that the Pfizer COVID-19 vaccine could be authorized for children under 12 by the end of October. The timeline is based on the expectation that Pfizer will have enough data from clinical trials to seek emergency use authorization (EUA) from the US Food and Drug Administration by the end of September.

If Pfizer submits its EUA by then, Fauci said that he believes the Pfizer product will be ready by the end of the month.

Will the FDA approve any COVID-19 vaccination for children under 12 by October 15?

Polymarket traders are currently forecasting a 16% probability that a COVID-19 vaccine will be approved for children under 12 by October 15th. WIll Pfizer be able to get a surprise FDA approval by then, or will health officials’ estimates likely play out?

Trade now or follow the odds on Polymarket. Use code “OWS” to get reimbursed up to $100 on your first day of trading!

4. Book of the Day: Connect: Building Exceptional Relationships with Family, Friends, and Colleagues

The ability to create strong relationships with others is crucial to living a full life and becoming more effective at work. Yet many of us find ourselves struggling to build solid personal and professional connections or unable to handle challenges that inevitably arise when we grow closer to others. When we find ourselves in an exceptional relationship—the kind of relationship in which we feel fully understood and supported for who we are—it can seem like magic. But the truth is that the process of building and sustaining these relationships can be described, learned, and applied.

Connect is a transformative guide to building more fulfilling relationships with colleagues, friends, partners, and family, based on the landmark Interpersonal Dynamics course at Stanford’s Graduate School of Business.

5. Short Squeez Picks

• If you are looking to invest in VC, check out Sweater Ventures, the first VC for the retail investor
• Tell this site what ingredients you have, and it’ll offer you a yummy recipe.
  
• The man from Kerala who can make any perfume!
  

6. Daily Visual: Countries That Imprison The Most Foreigners
Foreign prisoners as a percentage of total prison population

Source: Statista

7.  Daily Acumen: How to Get People to Like You

Use a Person’s Name We’re all huge narcissists and we all love the sound of our own name. Learn names and make use of them.

Smile Happiness rubs off on others. If your positive attitude brightens someone else’s day, they’ll love you for it.

Listen You can show you’re listening to someone through body language, eye contact and verbal communication.

Use Verbal Confirmation Demonstrate your listening skills by repeating segments of what an individual has said. People love to hear their own words as it pats their egos a bit.

Sincere Compliments and Plentiful Praise What people really want is sincere appreciation – to be recognized and appreciated for their efforts.

Ask for Advice Asking for advice shows that you value their opinion and demonstrates respect.

Ask Questions Asking other people questions – about their lives, interests, passions – is a surefire way to get brownie points.

Source: Larry Kim

8. Memes of the Day

Love Short Squeez? Share it with your friends!