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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: The $1.3m parking spot.
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                  June 8, 2021
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                   Jeff Bezos is going to space. Yesterday, it was announced he’ll accompany the first launch of New Shepard, his space-tourism-play-thing. And in true fu money fashion, he’s bringing his bro along. Hey, you can go too… for $3.5m (and counting.)
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               The big idea
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                <img alt="VR experience" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252FVR_goggles.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1lqZwD:6xcwyY1pkJmPFhD9hfG-vnFcku47ljSSQnp4URRYwak" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
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               <h2 style="font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
                The rise of VR exposure therapy
               </h2>
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               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                <em>
                 Finally,
                </em>
                virtual reality (VR) is actually good for something.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Per
                <em>
                 The New York Times
                </em>
                , there is growing popularity in VR exposure therapy to
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 treat
                </a>
                those suffering from post-traumatic stress disorder (PTSD) and other anxiety disorders.
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                Thanks to the
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 falling cost
                </a>
                of recreational VR headsets, the practice is being heralded as a breakthrough tool for psychologists.
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 It’s called ‘Prolonged Exposure’...
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                … and puts patients face to face with their trauma.
               </p>
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                First developed by clinical psychologist Edna Foa, the premise is simple: Patients describe the traumatic event in detail to a therapist. The therapist then asks the patients to confront those traumatic triggers in the real world.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                With VR, therapists are able to recreate traumatic triggers that would otherwise be impossible, such as war zones and bombings.
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 The ultimate psychology tool?
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                The psychologists interviewed by the
                <em>
                 NYT
                </em>
                note that VR therapy is unlikely to replace other forms of therapy like talk therapy or real-life exposure.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                And because of the availability of recreation VR headsets, some experts are concerned that patients may try it out for themselves, only to see no benefit -- a therapist talking you through the exposure is the secret sauce.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                “It’s the closest thing our field has to just making opioids available over the counter,” one therapist told the
                <em>
                 NYT
                </em>
                .
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 Still, the results are positive
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                In a study of 20 Iraq veterans suffering from PTSD, 16 no longer met criteria for PTSD after VR exposure therapy.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                VR’s therapeutic use goes beyond treating just PTSD. A recent study of 50 front-line nurses found that using VR headsets to simulate mindful meditation exercises in tranquil settings produced noticeable reductions in anxiety and stress.
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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;">
                Google
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                 agreed
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                to pay ~$270m and make changes to its online ad tools to settle a
                <strong>
                 French antitrust suit
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                . Google’s commitments last 3 years, but only in France.
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                The Justice Dept. has
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                 recovered
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                most of the
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                 $4.4m in ransom
                </strong>
                paid in connection with the Colonial Pipeline hack, which disrupted fuel supplies last month.
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                 Cruises are back.
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                After a disastrous 2020 that saw a
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                 52.9%
                </a>
                decline in revenue, the first ship to leave from a US port
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                 departs
                </a>
                on June 26.
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               Food Tech
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                <img alt="pasta gif" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fpasta_gif.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1lqZwD:6xcwyY1pkJmPFhD9hfG-vnFcku47ljSSQnp4URRYwak" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
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                Pasta is taking shape (Source: Ars Technica)
               </p>
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               <h2 style="font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
                Flat-packed pasta could be a sustainable solution for a carb favorite
               </h2>
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               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                There are a few major problems with pasta.
               </p>
               <ol style="font-size: 16px;">
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 It’s incredibly delicious and very difficult to portion control
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 The many shapes and sizes it comes in leads to wasteful packaging
                </li>
               </ol>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                While it will be difficult to make pasta less delicious, scientists at Carnegie Mellon University (CMU) have developed a way to address the 2nd issue:
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 Flat-packed pasta that changes shape in boiling water
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                How? According to
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 <em>
                  Ars Technica
                 </em>
                </a>
                , cooking time is influenced by the shape of the pasta. In a sheet of pasta, areas that are stamped with grooves take longer to cook than otherwise flat areas.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Based on this principle, the CMU researchers are able to create different shapes (e.g., cones, spirals) from flat sheets of pasta based on groove placement.
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 A perfectly packed box of macaroni…
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                … is still 67% air by volume, according to
                <em>
                 Ars Technica
                </em>
                . With so many varied pasta shapes and sizes, the entire industry deals with wasteful packaging.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Inspired by the flat-packed design from the furniture industry -- as popularized by
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 Ikea
                </a>
                -- the CMU scientists hope to bring a more sustainable form of packaging, storage, and transportation to pasta.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                We’re all for it, especially if you can make it just as delicious.
               </p>
              </td>
             </tr>
             <tr>
              <td>
               <table cellpadding="0" style="width: 100%; padding: 10px 10px 0px;">
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                   <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1lqZwD:ef5yAWrL8lB3DPIKqHvLMLZ3FbztikvFLGF3IVFbb1o" width="30"/>
                   </a>
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                   <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1lqZwD:ef5yAWrL8lB3DPIKqHvLMLZ3FbztikvFLGF3IVFbb1o" width="30"/>
                   </a>
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                   <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=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzYWlsdGhydS1tZSJ9:1lqZwD:ef5yAWrL8lB3DPIKqHvLMLZ3FbztikvFLGF3IVFbb1o" width="30"/>
                   </a>
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                </tbody>
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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;">
               Road Tech
              </td>
             </tr>
             <tr>
              <td style="padding: 0 0 6px;">
               <a style="color: #d62829; text-decoration: none;">
                <img alt="parking garage" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fparking_garage.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1lqZwD:6xcwyY1pkJmPFhD9hfG-vnFcku47ljSSQnp4URRYwak" 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;">
                Is the future of parking digital?
               </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;">
                For ~$1.3m, you could buy this
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 taxidermy-filled house
                </a>
                in Minnesota. Or a single
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 parking spot
                </a>
                in a luxury building in Hong Kong.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Hong Kong isn’t the only city with pricey parking:
               </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;">
                 In 2015, 2 luxury buildings in SoHo had 13 parking spots between them,
                 <a style="color: #d62829; text-decoration: none;">
                  available
                 </a>
                 for $1m each.
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 A tandem spot for 2 cars in Boston’s Back Bay
                 <a style="color: #d62829; text-decoration: none;">
                  sold
                 </a>
                 for $560k in a 2013 auction.
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 In 2016, a spot behind Hyde Park Gardens in London
                 <a style="color: #d62829; text-decoration: none;">
                  hit
                 </a>
                 the market for £350k ($495.5k, according to the current exchange rate).
                </li>
               </ul>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 But parking habits are changing
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                A 2018 Deloitte
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 report
                </a>
                found that parking in the US generated ~$30B annually, while the average driver spent ~17 hours per year looking for it. In a city like New York? 107 hours.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                But Deloitte also predicted a shift in parking habits thanks to ride-sharing, e-bikes and e-scooters, and autonomous vehicles.
               </p>
               <h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
                <strong>
                 To keep up, parking operators will need technology...
                </strong>
               </h4>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                … to improve the customer experience and stay versatile.
               </p>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Example: Get My Parking, a Platform as a Service (PaaS) startup, recently
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 announced
                </a>
                $6m in funding to help digitize the parking industry, which
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 includes
                </a>
                things like:
               </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;">
                 Apps that let drivers find and pre-book parking
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Ticketless entry and exit
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Automated, cash-free payments
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Digital loyalty and subscription programs
                </li>
                <li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
                 Integration with other services, like EV charging stations
                </li>
               </ul>
               <p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
                Speaking of places to put cars, check out this
                <a style="color: #d62829; text-decoration: none; -webkit-text-fill-color: #d62829;">
                 car vending machine
                </a>
                .
               </p>
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               Meme of the day
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                Source: Imgflip
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                  SHARE THE HUSTLE
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                   Over the years, we’ve learned…
                   <em>
                    secrets.
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                  <p style="font-size: 16px; line-height: 140%; padding-bottom: 10px; margin: 5px 0px 0px;">
                   The business secrets, tips, and tricks that have helped founders go from zero to millions -- and even
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                    billions
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                   -- of dollars.
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                   Want to see ‘em? Just refer 3 more friends to The Hustle and we’ll send you our curated set of interviews with founders from brands like Zola, AWAY, Vungle, Bonobos, and more.
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                   Here’s a message you can use to share with your friends:
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                  Hey! Do you read The Hustle? It’s the best daily business newsletter out there -- only takes 5 minutes to read and you’ll sound like the smartest person in the room. Sign up here, it’s free:
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                     here
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                    .
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            Today's email was brought to you by
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            ,
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            ,
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             Juliet Bennett Rylah
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            .
            <br/>
            Editing by: Brad “Exposed” Wolverton.
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