Wednesday, August 23, 2023

Megan Rapinoe Answers the Critics

S50
Megan Rapinoe Answers the Critics    

The retiring soccer star on her detractors, the U.S. team’s role in the global game, and taking penalty kicksOn Sunday, Spain won the FIFA Women’s World Cup. It was the end of a tournament and, for the U.S. women’s national team, the end of an era. This was the last World Cup featuring Megan Rapinoe, a player inscribed in the history of the game for both her goals and her activism. Rapinoe, who will retire later this year, has starred in so many important games for her country that it’s hard to imagine her absence on the pitch.

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S1
Research: The Average Age of a Successful Startup Founder Is 45    

It’s widely believed that the most successful entrepreneurs are young. Bill Gates, Steve Jobs, and Mark Zuckerberg were in their early twenties when they launched what would become world-changing companies. Do these famous cases reflect a generalizable pattern? In fact, the average age of entrepreneurs at the time they founded their companies is 42. But what about the most successful startups? Is it possible that companies started by younger entrepreneurs are particularly successful? Research shows that among the top 0.1% of startups based on growth in their first five years, the founders started their companies, on average, when they were 45 years old.

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S2
How Venture Capitalists Make Decisions    

For decades now, venture capitalists have played a crucial role in the economy by financing high-growth start-ups. While the companies they’ve backed—Amazon, Apple, Facebook, Google, and more—are constantly in the headlines, very little is known about what VCs actually do and how they create value. To pull the curtain back, Paul Gompers of Harvard Business School, Will Gornall of the Sauder School of Business, Steven N. Kaplan of the Chicago Booth School of Business, and Ilya A. Strebulaev of Stanford Business School conducted what is perhaps the most comprehensive survey of VC firms to date. In this article, they share their findings, offering details on how VCs hunt for deals, assess and winnow down opportunities, add value to portfolio companies, structure agreements with founders, and operate their own firms. These insights into VC practices can be helpful to entrepreneurs trying to raise capital, corporate investment arms that want to emulate VCs’ success, and policy makers who seek to build entrepreneurial ecosystems in their communities.

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S3
The New Science of Customer Emotions    

When a company connects with customers’ emotions, the payoff can be huge. Yet building such connections is often more guesswork than science. To remedy that problem, the authors have created a lexicon of nearly 300 “emotional motivators” and, using big data analytics, have linked them to specific profitable behaviors. They describe how firms can identify and leverage the particular motivators that will maximize their competitive advantage and growth. The process can be divided into three phases. First, companies should inventory their existing market research and customer insight data, looking for qualitative descriptions of what motivates their customers—desires for freedom, security, success, and so on. Further research can add to their understanding of those motivators. Second, companies should analyze their best customers to learn which of the motivators just identified are specific or more important to the high-value group. They should then find the two or three of these key motivators that have a strong association with their brand. This provides a guide to the emotions they need to connect with in order to grow their most valuable customer segment. Third, companies need to make the organization’s commitment to emotional connection a key lever for growth—not just in the marketing department but across every function in the firm.

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S4
Stop Over-Apologizing at Work    

There are a variety of reasons we may feel the need to say sorry at work, even when it’s not necessary. It could be because we want to be liked, are reeling under a false sense of guilt, or are fighting our perfectionism. While holding yourself accountable for your behavior in the workplace is important, over-apologizing can negatively impact both you and your team. Of course, there are moments when apologizing is necessary. Here are a few examples of when saying sorry is absolutely critical.

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S5
How Companies Should Prepare for Repeated Debt-Ceiling Standoffs    

Since a major realignment of the U.S.’s two-party political system is unlikely, we can expect partisan conflict and the subsequent debt-ceiling standoffs to continue for the foreseeable future. Corporate managers must not regard debt-ceiling crises as just political gimmicks, as they repeatedly and predictably affect firm profitability, growth prospects, and uncertainty. Managers must proactively gather information, anticipate, plan, and allocate resources in preparation of each crisis. They must be able to capitalize on opportunities that arise from each standoff and be prepared to weather each storm.

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S6
How One Ukrainian Company Cultivated Resiliency Amid War    

Companies plan for crises and aim to be resilient and adaptive in the face of all kinds of risks, but it’s always easier said than done. And perhaps none of these threats is as serious as war. That’s what Roman Rodomansky had to prepare his company for. He’s the cofounder and COO at Ralabs, a Ukrainian software development company. As Russia prepared to invade his home country, Rodomansky and his leadership team crafted a plan to survive and keep serving clients. He shares how his firm put people first, communicated with customers, and managed to become resilient. Rodomansky wrote the HBR article “A Cofounder of Ralabs on Leading a Ukrainian Start-Up Through a Year of War.”

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S7
New Technology Is Overwhelming Sales Teams    

Technology has long been used to boost seller productivity, but sales leaders are telling us that efficiency gains have become slower and more expensive. This is because technology intended to help sell frequently makes the salesperson’s job more cumbersome. Sales organizations’ tendency to run most tasks through the sales rep requires an increasing number of complex systems to support.

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S8
Sardinia's mysterious beehive towers    

Expecting not to find much more than a pile of big stones, I followed the sign off the motorway into a little car park and there it was, rising from a flat, green landscape covered in little white flowers, with a few donkeys dotted around: Nuraghe Losa. From a distance, it looked like a big sandcastle with its top crumbling away, but as I walked towards it, I began to realise the colossal size of the monument in front of me.Nuraghi (the plural of nuraghe) are massive conical stone towers that pepper the landscape of the Italian island of Sardinia. Built between 1600 and 1200BCE, these mysterious Bronze Age bastions were constructed by carefully placing huge, roughly worked stones, weighing several tons each, on top of each other in a truncated formation. 

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S9
The city with gold in its sewage lines    

"He burned the sari and from it, handed us a thin slice of pure silver," said my mother, describing a moment that had taken place 30 years ago at her home in the city of Firozabad. The man in her story was no magician, but an extractor. Like many similar artisans in my mother's hometown, he'd go door to door collecting old saris to mine them for their precious metals. Until the 1990s, saris were often threaded with pure silver and gold, and I remember digging into my mother's wardrobe, searching for her glittery outfits like treasure. But as she told me, the extractors were looking for something even more valuable than clothing – they were looking for trash, and a kind of trash specific to this city.

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S10
The mysterious Viking runes found in a landlocked US state    

"[Farley] spent the majority of her adult life researching the stone," said Amanda Garcia, Heavener Runestone Park manager. "She travelled all around the US, went to Egypt and went to different places looking at different markings."Faith Rogers, an environmental-science intern and volunteer at the Heavener Runestone Park, led me down a cobblestone path toward one of the 55-acre woodland's biggest attractions – which is also one of the US' biggest historical mysteries. We were deep in the rolling, scrub-forest foothills of the Ouachita Mountains in far eastern Oklahoma, and we were on our way to view a slab of ancient sandstone that still has experts scratching their heads and debating about the eight symbols engraved on its face. 

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S11
The true story behind the US' first federal monuments    

"Are you sitting down? I have news for you." Gwen Marable's cousin from the US state of Ohio called her at home in Maryland about 27 years ago. "We are descended from the sister of Benjamin Banneker, Jemima."The Banneker family, which numbers over 5,000 known descendants today, only learned about this astonishing connection to their ground-breaking but little-known ancestor through the wonders of DNA testing. As such, no personal stories about him, no artifacts, were handed down through the generations.

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S12
Duna de Bolonia: The Spanish sand dune hiding Roman ruins    

Near the southern tip of Spain's Cádiz province, where Europe lunges into the Strait of Gibraltar as if reaching out for the North African coast, the Duna de Bolonia is one of the continent's largest sand dunes. Rising more than 30m high and sprawling 200m wide, the white mound spills into the azure sea and appears as if someone has dumped a massive pile of sugar atop the surrounding Estrecho Nature Park's protected green forest.Like all sand dunes, Bolonia is a constantly moving ecosystem that shifts with the winds. But as climate change has intensified the hurricane-force gusts coming from the east, the dune has increasingly migrated inland towards the ecologically important cork and pine forests and scrubland – revealing remnants of the many past cilivilisations who have passed through here in the process.

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S13
Is Santa Claus buried in Ireland?    

Amid green hilly pastures dotted with grazing sheep and a cemetery with graves dating back to the 13th Century, the ruins of St Nicholas Church tower over the family home of Maeve and Joe O'Connell. Among those resting eternally here are early inhabitants of the estate, parishioners of the church and – according to local legend – St Nicholas of Myra. Yes, the St Nick who inspired Santa Claus.Today, the O'Connells are the owners and sole (living) human inhabitants of Jerpoint Park, a 120-acre deserted 12th-Century medieval town located 20km south of the town of Kilkenny, Ireland. Located along the crossing point of the River Nore and Little Arrigle River, the settlement (formerly called Newtown Jerpoint) is thought to have been founded by the Normans, who arrived in Ireland around 1160 CE. According to a conservation plan compiled by Ireland's Heritage Council, the town flourished into the 15th Century, with archaeological evidence revealing homes, a marketplace, a tower, a bridge, streets, a mill, a water management system and nearby Jerpoint Abbey, which still stands today. But by the 17th Century, the town's occupants were gone, likely from a combination of violent attacks and a plague.

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S14
A secret site for the Knights Templar?    

In a hole in the ground beneath the Hertfordshire market town of Royston, dimly illuminated by flickering light, I was looking at a gallery of crudely carved figures, blank-faced and bearing instruments of torture. Cave manager Nicky Paton pointed them out to me one by one. "There's Saint Catherine, with her breaking wheel. She was only 18 when she was martyred," Paton said, cheerfully. "And there's Saint Lawrence. He was burnt to death on a griddle."Amid the grisly Christian scenes were Pagan images: a large carving of a horse, and a fertility symbol known as a sheela na gig, depicting a woman with exaggerated sexual organs. Another portrayed a person holding a skull in their right hand and a candle in their left, theorised to represent an initiation ceremony – a tantalising clue as to the cave's possible purpose. Adding to the carvings' creepiness was their rudimentary, almost childlike, execution.

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S15
How I planned my own green funeral    

Not many of us like talking about death. It's dark, and sad, and prone to throwing us into an existential spiral. But the uncomfortable truth is that, as someone who cares about the environment, I realised I needed to stop ignoring the reality of it. Once we're gone, our bodies need somewhere to go – and the ways that we typically burn or bury bodies in the West come at a scary environmental cost.Most people in the UK (where I'm from) are cremated when they die, and burning bodies isn't good for the planet. The stats make wince-worthy reading. A typical cremation in the UK is gas-powered, and is estimated to produce 126kg (278lb) CO2 equivalent emissions (CO2e) – about the same as driving from Brighton to Edinburgh. In the US, the average is even higher, at 208kg (459lb) CO2e. It's perhaps not the most carbon-intensive thing we'll do in our lives – but when the majority of people in many countries opt to go up in smoke when they die, those emissions quickly add up.  

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S16
Clickworkers are turning against each other    

“We don’t give support to beginners,” is the first automated message one receives on joining a popular Telegram group for microworkers in Brazil. Microwork is a form of gig work consisting of simple tasks that can be completed online in a short time. Available on platforms like Appen, Amazon Mechanical Turk, and UHRS, the tasks range from typing out an entire spreadsheet to reviewing social media content moderation decisions. More recently, a popular microwork gig involves tagging objects in images to train artificial intelligence.  The hours may be long but pay is adequate, Sônia Coêlho, a Brazilian microworker, told Rest of World, so long as novice “turkers” — as microworkers are informally known — are kept at bay. Turkers like Coêlho blame newcomers for triggering a drop in rates paid by microwork platforms. The community is bracing for a flood of new jobs that they believe are inevitable given the rise of AI, and experienced turkers have been trying to keep those future opportunities to themselves.

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S17
Tears of a get-rich-quick guru    

Lounging by a rooftop infinity pool, Pakistani e-commerce guru Sunny Ali speaks into his phone camera. Clean-shaven, with slicked-back black hair and a self-assured demeanor, Ali addresses his audience in Urdu, sharing tips on how to become a successful online entrepreneur. He breaks this down into what he calls the “four stages of life.” The first two stages, which he calls “kitchen income,” are about building your own business. The next two — “asset building” — involve investing in other businesses for a cut of the profits.But if they really want to succeed, Ali tells his followers, they should sign up for his “boot camp” courses, which typically cost $800 to $3,000, to learn the secrets of making a living selling products on Amazon.

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S18
Can Dogs Use Language?    

Dogs are constant sidekicks for humans, and they’re usually pretty good at letting us know what they want: a tail-wagging dance by the front door means it’s time for a walk, and a heavy head on your lap suggests that someone needs scratches.Some owners are going further to communicate with their pets. For anywhere from $20 to more than $200, dog-loving humans can purchase paw-friendly buttons, each representing a word such as “walk” or “play,” to give their pet a voice. On TikTok, some of these “button dogs” seem to be doing surprisingly intelligent things, such as combining two words to create a unique meaning—“squeaker” and “car,” to refer to an ambulance, for example. One of the more famous members of this doggie bunch on TikTok, a sheepadoodle named Bunny, can apparently put together four-word phrases. In one instance, for example, she pushed buttons to refer to her friend: “Tenrec, come, look, play.”

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