Tuesday Edition: March 14th, 2023

Good morning! Let’s celebrate St. Patrick’s Day (Friday) by introducing a new section. It’s called Cool Communicator, and the goal is to make all future interactions easier. No luck-of-the-Irish needed. #CommunicationIsKey 😎 

The Big & The Small

META:

Hey, Twitter! Watch out for Meta. “Facebook’s parent company Meta is working on a standalone, text-based social network app that will be both a rival to Twitter, and its decentralized competitor, Mastodom, at the same time.” This should get interesting 👀 

cerebral:

Enough with the data leaks! “Cerebral, a tele-health startup that gained popularity during the early days of the pandemic, disclosed this week that it shared the personal data of more than 3.1 million US patients with social media companies and advertisers, including Google, Meta and TikTok.” More here and👇️ 

SILICON VALLEY BANK:

This is a big deal. “Silicon Valley Bank was an important engine for the tech industry’s success and the 16th largest bank in the US before its collapse.” Click below for more.

openAI:

People helping companies, it’s a powerful thing. “Open AI CEO Sam Altman, the company behind the popular ChatGPT, is one of several tech executives reportedly sending money to startups concerned about making payroll and staying afloat after Silicon Valley Bank’s collapse.” Cheers to you, SA!

A little Tuesday pick-me-up

Finance 101 🤑

What the heck is a bank run?

Short and Sweet: It’s when a large number of customers withdraw their deposits over concerns about the bank’s ability to meet its obligations. So basically….everyone takes their money and runs.

Why it matters: Silicon Valley Bank closed down over the weekend. It was one of the largest bank closures since 2008, and - you guessed it - a bank run was one of the driving forces…

Entrepreneur Advice 🗣️

He’s not an entrepreneur, but every entrepreneur needs to know Robert Cialdini’s principles of persuasion - let’s start with the first one:

Reciprocation: Cialdini believes people are wired to want to return favors, so give to others with confidence that good things will come back to you. This principle “makes possible the development of various kinds of continuing relationships, transactions, and exchanges that are beneficial to society.”

For more, check out Influence: The Psychology of Persuasion.

Cool Communicator 😎

Know your audience: In every interaction, it’s important to consider who you’re speaking to, what they like, what they don’t like, etc. You want something from every conversation; the best way to get it is by first giving your audience what they want.

Founder's Food For Thought 😃

Note the sizes of each slice in the pie chart. #Priorities

Chattin’ With GPT 🤖 

Hypothetical scenario, people. You don’t have a gym membership and there are some rainy days ahead, yet you want to workout…🦾

Sports Talk 🏀 🏀 🏀

• Do your best to fill out a bracket for March Madness!

• Who do you have winning the men’s college basketball championship? Check out what team’s the analysts are picking to win it all 🏆

• Ladies get in on the Madness, too. Find out the women’s college basketball championship predictions right here.

The Dogs Of The Day 🦴

Hello there, Irish & O’Malley.

2 Do This Week 💡

• Get crazy and spark up a new candle 🕯️ 

• Step away from your computer during lunch at least 2 times 😌 

You are now On The Fly & In The Know.