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          <span class="preheader" style="color: transparent; display: none; height: 0; max-height: 0; max-width: 0; opacity: 0; overflow: hidden; mso-hide: all; visibility: hidden; width: 0;">
           PLUS: Can weed solve Amazon’s driver shortage?
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                  September 8, 2021
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                  <p style="font-size: 16px; line-height: 20px; padding-bottom: 10px; margin: 0px;">
                   A Los Angeles man was sentenced to 4 years in prison for selling printer toner to businesses at wildly inflated prices. In one 6-year stretch, he sold unsuspecting victims $126m worth of toner. His attorneys place the blame on the cutthroat nature of the toner business.
                  </p>
                  <p style="font-size: 16px; line-height: 20px; padding-bottom: 10px; margin: 0px;">
                   Today’s rundown:
                  </p>
                  <ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
                   <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                    <strong>
                     Robinhood woes:
                    </strong>
                    A trader racked up a tax bill of $800k on $45k profit
                   </li>
                   <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                    <strong>
                     High times:
                    </strong>
                    Weed’s role in Amazon’s driver shortage
                   </li>
                   <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                    <strong>
                     Instacart’s pivot:
                    </strong>
                    The delivery company is making a big bet on ads
                   </li>
                  </ul>
                  <p style="font-size: 16px; line-height: 20px; padding-bottom: 10px; margin: 0px;">
                   Let’s do it.
                  </p>
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              <td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
               The big idea
              </td>
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               <a style="color: #d62829; text-decoration: none;">
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               </a>
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               <h2 style="font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
                How a Robinhood newb got an $800k tax bill on $45k profit
               </h2>
              </td>
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              <td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Trading memestonks on your phone is all fun and games -- that is, until you get slapped with an $800k tax bill.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                How? If inexperienced traders run afoul of the “wash sale rule,” taxes could outweigh gains.
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 A what sale?
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                A wash sale is
                <strong>
                </strong>
                when you sell a security at a loss, then buy it or a “
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 substantially identical
                </a>
                ” security 30 days before or after the sale.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                The
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 wash sale rule
                </a>
                means you can’t take a tax deduction on that loss. It’s to stop people from using wash sales to increase tax benefits, but you can trigger it without even knowing it exists.
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 Here’s how it works:
                </strong>
               </h4>
               <ol style="font-size: 16px;">
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 You buy 100 shares at $10/share for $1k
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Later, you sell them at $7/share for $700 -- a loss of $300
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 The next week, you repurchase them at $6/share for $600
                </li>
               </ol>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Due to the wash sale rule, that loss is added to the cost basis, meaning your $600 repurchase becomes $900.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                When you sell your shares again, your original loss is applied to the adjusted cost basis. That’s what you’ll use on your taxes.
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 So, how do you get an $800k tax bill?
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                That example’s an outlier, but the unidentified retail trader told financial advisor Brian Wruk he did it by going berserk on Robinhood,
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 per
                </a>
                <em>
                 Forbes
                </em>
                .
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                The man opened a Robinhood account in 2020. He put up $30k, but Robinhood
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 gave
                </a>
                him $90k on margin. He then did 10 to 50 trades daily.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 He ultimately:
                </strong>
               </p>
               <ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 <a style="color: #d62829; text-decoration: none;">
                  Generated
                 </a>
                 <strong>
                  $45m
                 </strong>
                 (yep,
                 <em>
                  million
                 </em>
                 ) in gross proceeds
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Profited by
                 <strong>
                  $45k
                 </strong>
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Had
                 <strong>
                  $1.4m
                 </strong>
                 in capital gains tax
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 And a potential tax bill of
                 <strong>
                  $800k+
                 </strong>
                </li>
               </ul>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                “He booked a profit but was disallowed all the losses because he never once waited the 30 days on those stocks to book the loss,” Wruk said.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                And short-term gains are taxed like ordinary income. Yikes.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                The moral of the story: Let your stocks marinate at least 30 days, lest you become a cautionary tale!
               </p>
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               SNIPPETS
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               <p style="font-size: 15px; line-height: 160%; margin: 0 0 0 3px; padding: 5px 0px 10px;">
                <strong>
                 Major coup:
                </strong>
                Ford hired
                <a style="color: #d62829; text-decoration: none;">
                 Doug Field
                </a>
                , one of the top employees on Apple’s secretive car project (and a former Tesla employee who once headed the EV makers Model 3 production).
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                <strong>
                 El Salvador officially adopted Bitcoin
                </strong>
                as legal tender on Tuesday. It became the first country to do so but the crypto asset fell as much as
                <a style="color: #d62829; text-decoration: none;">
                 16%
                </a>
                on the day.
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               <p style="font-size: 15px; line-height: 160%; margin: 0 0 0 3px; padding: 5px 0px 10px;">
                <strong>
                 Intel will invest up to $95B
                </strong>
                over the next decade to increase its chip-making capacity in
                <a style="color: #d62829; text-decoration: none;">
                 Europe
                </a>
                .
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               <p style="font-size: 15px; line-height: 160%; margin: 0 0 0 3px; padding: 5px 0px 10px;">
                <strong>
                 IPO season
                </strong>
                : Renaissance Capital
                <a style="color: #d62829; text-decoration: none;">
                 reported
                </a>
                that it expects ~90-110 IPOs this fall. That would give 2021 the biggest year by deal count since the dot-com bubble.
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                 What’s up with WhatsApp?
                </strong>
                A ProPublica investigation
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                 found
                </a>
                that WhatsApp has 1k content moderators reading messages that users believed to be private.
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               <p style="font-size: 15px; line-height: 160%; margin: 0 0 0 3px; padding: 5px 0px 10px;">
                <strong>
                 BTC problems:
                </strong>
                Bitcoin
                <a style="color: #d62829; text-decoration: none;">
                 had
                </a>
                a rough debut, falling 17% at one point, on its first day as legal tender in El Salvador.
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                <strong>
                 Streaming’s long tail:
                </strong>
                Vizio
                <a style="color: #d62829; text-decoration: none;">
                 secured
                </a>
                $100m+ in upfront ad commitments for 2022, signaling a rise in interest in connected TV.
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                <!--[if mso]><v:roundrect xmlns:v="urn:schemas-microsoft-com:vml" xmlns:w="urn:schemas-microsoft-com:office:word" href="//link.thehustle.co/manage/snippet-pref?email=47ac34c2@uifeed.com&hash=56ddb9e8e584097f72cbecc8c88391ea" style="height:40px;v-text-anchor:middle;width:300px;" arcsize="10%" strokecolor="#D62828" fillcolor="#ffffff"> <w:anchorlock/> <center style="color:#D62828; font-family: Helvetica, sans-serif; font-size:14px;">Personalize Your Snippets</center> </v:roundrect> <! [endif]-->
                <a style="background-color: #ffffff; border-radius: 4px; color: #D62828; display: inline-block; font-family: Helvetica, sans-serif; font-size: 14px; line-height: 40px; text-align: center; text-decoration: none; width: 300px; -webkit-text-size-adjust: none; mso-hide: all; border: 1px solid #D62828;" target="_blank">
                 Personalize Your Snippets
                </a>
               </div>
              </td>
             </tr>
             <tr>
              <td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr style="display: block; padding: 10px 2px 0px;">
           <td style="width: 100%;">
            <table style="width: 100%;">
             <tr>
              <td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
               Story in a Chart
              </td>
             </tr>
             <tr>
              <td style="padding: 0 0 6px; text-align: center">
               <a style="color: #d62829; text-decoration: none;">
                <img alt="screening for marijuana infographic" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fbezos.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1mNvml:6VdyftZt1M8gBH_kLMzGngNtUgsalSa1uiMPr3cVWZM" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
               </a>
              </td>
             </tr>
             <tr>
              <td>
               <p style="font-family: Helvetica, sans-serif; color: #5f696c; font-size: 12px; font-style: italic; line-height: 20px; margin: 0px; padding: 8px 5px 10px;">
                Zachary Crockett / The Hustle
               </p>
              </td>
             </tr>
             <tr>
              <td>
               <h2 style="font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
                Why Amazon says weed could solve its driver shortage.
               </h2>
              </td>
             </tr>
             <tr>
              <td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Amazon says its number of driver applicants who fail drug tests for marijuana use is too
                <em>
                 high
                </em>
                .
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                When screening for marijuana, the company’s driver applicant pool
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 reportedly
                </a>
                drops by
                <strong>
                 30%
                </strong>
                -- the opposite of what you want during a labor crunch.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Now, Bezos’s baby is instructing delivery partners to explicitly advertise that they
                <strong>
                 don’t
                </strong>
                screen for marijuana, which Amazon says could light up the applicant pool by
                <strong>
                 400%
                </strong>
                .
               </p>
              </td>
             </tr>
             <tr>
              <td>
               <table cellpadding="0" style="width: 100%; padding: 10px 10px 0px;">
                <tbody style="text-align: right;">
                 <tr>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share facebook" style="text-decoration: none; white-space: nowrap; color: #d62829; padding: 0 8px;">
                    <img alt="Share on Facebook" height="30" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ffb.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1mNvml:b-hqesR9-cFjYmXr5LlgppSHLkkbsKYvWHrSmxEpLVQ" width="30"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share twitter" style="text-decoration: none; white-space: nowrap; color: #d62829; padding: 0 8px;">
                    <img alt="Share on Twitter" height="30" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ftwitter.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1mNvml:b-hqesR9-cFjYmXr5LlgppSHLkkbsKYvWHrSmxEpLVQ" width="30"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share email" style="text-decoration: none; white-space: nowrap; color: #d62829; padding: 0 8px;">
                    <img alt="Send as email to a friend" height="30" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Femail.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1mNvml:b-hqesR9-cFjYmXr5LlgppSHLkkbsKYvWHrSmxEpLVQ" width="30"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share site" style="text-decoration: none; white-space: nowrap; color: #d62829; padding: 0 8px;">
                    <img alt="View on our website" height="30" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fweb.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1mNvml:b-hqesR9-cFjYmXr5LlgppSHLkkbsKYvWHrSmxEpLVQ" width="30"/>
                   </a>
                  </td>
                 </tr>
                </tbody>
               </table>
              </td>
             </tr>
            </table>
           </td>
          </tr>
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           <td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
           </td>
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          <tr>
           <td style="padding-bottom: 5px;">
           </td>
          </tr>
          <tr style="display: block; padding: 10px 2px 0px;">
           <td style="width: 100%;">
            <table style="width: 100%;">
             <tr>
              <td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
               Food Tech
              </td>
             </tr>
             <tr>
              <td style="padding: 0 0 6px;">
               <a style="color: #d62829; text-decoration: none;">
                <img alt="Instacart shopper" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FInstacart_shopper.jpeg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1mNvml:6VdyftZt1M8gBH_kLMzGngNtUgsalSa1uiMPr3cVWZM" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
               </a>
              </td>
             </tr>
             <tr>
              <td>
               <h2 style="font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
                Instacart is going all in on ads. Here’s why.
               </h2>
              </td>
             </tr>
             <tr>
              <td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Like your aunt and uncle, Instacart is a big fan of Facebook.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Specifically, its high-ranking execs.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                In 2021, the
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 $39B
                </a>
                grocery delivery startup
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 poached
                </a>
                its new CEO (Fidji Simo), COO (Asha Sharma), and president (Carolyn Everson) from the House of Zuck.
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 No, Instacart isn’t building a social network…
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                … but its ads business is on the rise, pulling in ~$300m in 2020 with projections to hit $1B in 2022, per
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 <em>
                  The Wall Street Journal
                 </em>
                </a>
                .
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                What exactly are Instacart ads?
               </p>
               <ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 <strong>
                  Search-based:
                 </strong>
                 This is the core ad business, in which brands pay for placement on customer product searches (these ads are also bundled with coupons and deals).
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 <strong>
                  Display ads:
                 </strong>
                 Old-school banners on the website.
                </li>
               </ul>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 Ads are critical as delivery slows
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Instacart’s delivery business boomed during the pandemic. Growth has understandably slowed but the startup is facing other headwinds, too:
               </p>
               <ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Competition -- think Uber Eats and DoorDash (which almost
                 <a style="color: #d62829; text-decoration: none;">
                  acquired
                 </a>
                 Instacart) -- has eaten into market share, which was once more than 60% but is now hovering at ~50%.
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Labor and transportation costs have gone up.
                </li>
               </ul>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 Grocery chains typically sell shelf placement...
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                ...to consumer brands (e.g., eye-level chewing gum at checkout) but may lose that revenue stream if those ad dollars are routed to Instacart.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                <em>
                 WSJ
                </em>
                notes that brands typically have separate budgets for in-store and digital ads. This could change in a post-COVID world -- and if it does, grocers may like Instacart a lot less than Instacart likes Facebook.
               </p>
              </td>
             </tr>
             <tr>
              <td>
               <table cellpadding="0" style="width: 100%; padding: 10px 10px 0px;">
                <tbody style="text-align: right;">
                 <tr>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share facebook" style="text-decoration: none; white-space: nowrap; color: #d62829; padding: 0 8px;">
                    <img alt="Share on Facebook" height="30" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ffb.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1mNvml:b-hqesR9-cFjYmXr5LlgppSHLkkbsKYvWHrSmxEpLVQ" width="30"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share twitter" style="text-decoration: none; white-space: nowrap; color: #d62829; padding: 0 8px;">
                    <img alt="Share on Twitter" height="30" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ftwitter.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1mNvml:b-hqesR9-cFjYmXr5LlgppSHLkkbsKYvWHrSmxEpLVQ" width="30"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share email" style="text-decoration: none; white-space: nowrap; color: #d62829; padding: 0 8px;">
                    <img alt="Send as email to a friend" height="30" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Femail.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1mNvml:b-hqesR9-cFjYmXr5LlgppSHLkkbsKYvWHrSmxEpLVQ" width="30"/>
                   </a>
                  </td>
                  <td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
                   <a data-tags="share site" style="text-decoration: none; white-space: nowrap; color: #d62829; padding: 0 8px;">
                    <img alt="View on our website" height="30" src="https://inboxflows.com/_/image/https%253A%252F%252Fsailthru-media.s3.amazonaws.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fweb.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1mNvml:b-hqesR9-cFjYmXr5LlgppSHLkkbsKYvWHrSmxEpLVQ" width="30"/>
                   </a>
                  </td>
                 </tr>
                </tbody>
               </table>
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr>
           <td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
           </td>
          </tr>
          <tr>
           <td style="padding-bottom: 5px;">
           </td>
          </tr>
          <tr>
           <td style="width: 100%;">
            <table style="width: 100%;">
             <tr>
              <td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 10px 3px 0px;">
               Podcast
              </td>
             </tr>
             <tr id="image">
              <td class="h2020 ignore-defaults" style="padding: 0px 3px;">
               <center>
                <a style="color: #d62829; text-decoration: none;">
                 <img src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FMFM_Mugshot_Industry.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1mNvml:6VdyftZt1M8gBH_kLMzGngNtUgsalSa1uiMPr3cVWZM" style="width: 100%; max-width: 600px; height: auto; padding: 15px 0 0px;" width="600"/>
                </a>
               </center>
              </td>
             </tr>
             <tr id="bottom ad copy">
              <td class="h2020 ignore-defaults" style="padding: 0px 3px;">
               <h2 style="font-size: 20px; font-weight: 800; letter-spacing: 0px; line-height: 24px; margin: 20px 0 0px;">
                <strong>
                 Highlights from ep. 205 of
                </strong>
                <em>
                 <strong>
                  My First Million
                 </strong>
                </em>
               </h2>
               <ul style="font-size: 16px; line-height: 20px; padding: 7px 0px 10px; padding-left: 12px; margin: 0;">
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 <a style="color: #d62829; text-decoration: none;">
                  <strong>
                   NCAA business opportunities revisited
                  </strong>
                 </a>
                 <strong>
                  :
                 </strong>
                 Shaan explains why college hustlers will be the next crop of superstar sports agents.
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 <a style="color: #d62829; text-decoration: none;">
                  <strong>
                   An app to buy lottery tickets
                  </strong>
                 </a>
                 <strong>
                  :
                 </strong>
                 Jackpot or bust?
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 <a style="color: #d62829; text-decoration: none;">
                  <strong>
                   The mean mug shot industry
                  </strong>
                 </a>
                 <strong>
                  :
                 </strong>
                 Sam dives into the dirty business of mug shot posting and removal. Dan the producer chimes in to call the people in this industry “human garbage.”
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 <a style="color: #d62829; text-decoration: none;">
                  <strong>
                   An app to fight digital addictions
                  </strong>
                 </a>
                 <strong>
                  :
                 </strong>
                 like socials, games, and porn.
                </li>
               </ul>
              </td>
             </tr>
             <tr>
              <td align="center" style="text-align: center; padding: 10px 0px 15px;">
               <a style="color: #ffffff; font-size: 16px; font-weight: bold; text-decoration: none; background-color: #D62829; border-radius: 15px; -webkit-text-fill-color: #ffffff; padding: 6px 20px;" target="_blank">
                Business ideas galore →
               </a>
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr>
           <td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 10px;">
           </td>
          </tr>
          <tr>
           <td style="padding-bottom: 5px;">
           </td>
          </tr>
          <tr>
           <td style="width: 100%;">
            <table style="width: 100%;">
             <tr>
              <td style="color: #da2829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 10px 3px 0px;">
               AROUND THE WEB
              </td>
             </tr>
             <tr>
              <td class="h2020 ignore-defaults" style="font-size: 15px; line-height: 20px; margin: 0; padding: 15px 0px 0px 3px;">
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 🙈 Haha:
                </strong>
                The
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 finalists
                </a>
                for the 2021 Comedy Wildlife Photography Awards feature a variety of animals making almost-human expressions.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                🤯
                <strong>
                 On this day:
                </strong>
                In 1504, Michelangelo
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 unveiled
                </a>
                his 17-foot, 12k-pound “David” to the Italian public. The statue was carved from 1 big block of marble into 1 of the most recognizable artworks in the world.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 🌙 How to:
                </strong>
                Taking stunning photos of the night sky is easier than you think, at least according to
                <em>
                 Space.com
                </em>
                ’s
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 beginner’s guide
                </a>
                .
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                🌍
                <strong>
                 Cure boredom:
                </strong>
                This
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 site
                </a>
                asks you to draw a line, then matches your line to a place on an aerial map of the world.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 ☕️ That’s cool:
                </strong>
                A man made a coffee mug out of a bag of coffee beans. There are simpler ways to enjoy your morning java, but it looks
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 pretty awesome
                </a>
                .
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                <strong>
                 🎥 Chill out:
                </strong>
                Watch this rare 19th-century
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 footage
                </a>
                of people around the world.
               </p>
              </td>
             </tr>
             <tr>
              <td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
              </td>
             </tr>
            </table>
           </td>
          </tr>
          <tr style="padding: 10px 2px 0px;">
           <td style="width: 100%;">
            <table style="width: 100%;">
             <tr>
              <td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 13px 2px 10px;">
               Failed prototype of the day
              </td>
             </tr>
             <tr>
              <td align="center" style="text-align: center; padding: 5px 0px 6px;">
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                A slide from a 2006 Theranos pitch deck (Source:
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                 Axios
                </a>
                )
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                 In 2006, Elizabeth Holmes raised $30m
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                It used a punch card to insert a blood sample into a clunky analyzer machine. Holmes would ultimately raise
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 $700m+
                </a>
                , “valuing” Theranos at $10B.
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                Theranos famously imploded because: 1) the blood-testing machines were faulty; 2) the startup’s lab practices were poor; and 3) Holmes lied to regulators, employees, health partners, and investors about it all.
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                 case
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                beginning today. If convicted, she could face up to 20 years in prison.
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